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AAP

Business

Derek Rose

Newmont boosts its bid for Newcrest to $32 billion

Newcrest Newmont Cadia Melbourne

Newcrest's assets include the Cadia goldmine near Orange in central New South Wales. (PR HANDOUT IMAGE PHOTO) (AAP)

The world's largest goldminer has upped its tentative takeover offer for Australia's biggest player in the space.

Newmont's all-scrip bid now values Newcrest at $32 billion, Newcrest said on Tuesday.

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