Newmont Mining Corp. will issue a special dividend in an effort to quash shareholder dissent that threatened the company’s takeover of Goldcorp, a deal that will create the world’s largest gold miner. Two large Newmont shareholders said last week that the company’s $10 billion merger with Goldcorp transferred significant gains away from a recently announced Nevada joint venture between Newmont and Barrick Gold Corp. The January merger deal was struck before the Nevada agreement.

Source: Wall Street Journal March 25, 2019 14:17 UTC