The fate of a $10-billion mega-merger rests with Newmont Mining investors after Goldcorp shareholders overwhelmingly approved what could be the largest deal in gold mining history.
Greater than 97% of Goldcorp shareholders voted for the merger at a special meeting in Vancouver, the miner said Thursday in a statement. The deal would see Colorado-based Newmont pay 0.3280 of its shares for each Goldcorp share, plus two cents. The Goldcorp ballot required at least two-thirds of shareholders who voted to approve the deal.