This decision comes after careful scrutiny, with the regulator expressing satisfaction that all stipulated requirements have been met. Minister for International Trade and Investment, Richard Maru, announced the breakthrough, highlighting that a comprehensive Memorandum of Agreement (MoA) has been formalized between the merging entities. Minister Maru extended gratitude on behalf of the Government to Newmont Corporation for choosing to invest in Papua New Guinea. He emphasized the significance of the corporation's understanding in navigating the regulatory landscape, allowing for the issuance of critical exemptions by the SCPNG.

https://www.looppng.com/business/newmont-newcrest-merger-granted-123084

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