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AAP
AAP
Business
Jacob Shteyman

Newcrest rejects takeover, gifts golden dividend

Newcrest Mining said the takeover offer did not provide sufficient value for shareholders. (PR HANDOUT IMAGE PHOTO) (AAP)

Newcrest Mining has announced a bumper dividend as it rejected a takeover offer from the world's biggest gold miner Newmont.

Newcrest, Australia's largest goldminer, with gold and copper operations throughout Australia, the Pacific and the Americas, issued its response alongside its half-year earnings report on Thursday.

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