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Newmont to buy Goldcorp in $10B deal

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Newmont Mining Corp. agreed to buy Goldcorp Inc., its smaller rival, in a $10 billion deal.

The deal would create the world's largest gold producer by output, according to Reuters.

Combined with Goldcorp, Newmont expects to produce up to 7 million ounces of gold over the next decade.

Read more from Reuters.

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