Newmont Sweetens Newcrest Offer With $19.5 Billion Bid

The transcript discusses the potential acquisition of Newcrest by Newmont, highlighting the support from Newcrest's second-largest shareholder, Alan Gray. The acquisition is likely due to Newcrest's valuable gold and copper assets, which are crucial for long-term production and the energy transition. Analysts believe the deal will likely proceed, making Newmont the world's largest gold miner.

What does the managing director of the Australian businesses suggest about the deal?

How does the demand for copper relate to the energy transition?