Fell said the two companies held talks last fall but that everything fell through when a bid by Luxembourg-based Minerals & Resources Corp. (Minorco) for Consolidated Gold Fields was referred to Britain’s Monopolies and Mergers Commission.
“There have been a lot of rumors, but we are just monitoring the situation,” Fell told The Northern Miner.
The question regarding the future of Newmont has resurfaced following reports from London that after Britain’s anti-trust commission gave clearance to a new bid by Minerals & Resources for Consolidated Gold Fields, Placer Dome had further discussions with the company regarding its stake in Newmont. Minorco has 21 days in which to make a bid.
“There is nothing in prospect and I’m not going to say any more,” he said.
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