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Lihir Rejects Newcrest’s Bid

Airtime: Wed. Mar. 31 2010 | 6:10 PM ET

Lihir Gold has rejected an US$8.5 bn billion takeover offer from Newcrest Mining. Ron Cameron, senior analyst at Ord Minnett and Greg Canavan, editor of Sound Money – Sound Investments, weigh in on the deal, with CNBC’s Amanda Drury & Sri Jegarajah.