Monday, July 23, 2007

Newmont's O'Brien, Taking Helm, May Make Takeovers, Aims to Revive Company

(Bloomberg) -- Newmont Mining Corp., the second-
largest gold-mining company, needs to rebuild its credibility
with investors and may consider takeovers, Chief Executive
Officer Richard T. O'Brien said.

``It's important for us to be attuned to the acquisition
market,'' O'Brien, 53, said in his first interview since he was
appointed July 1. ``There's no question Newmont has
underperformed gold, and underperformed a number of our peers.''


Read more at Bloomberg Emerging Markets News

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