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AUSTRALIA'S NEWCREST EYES MERGER OPPORTUNITIES.

AsiaPulse News

| November 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Nov 1 Asia Pulse - Australian gold miner Newcrest Ltd (ASX:NCM) said it has been building up its capability to take on merger and acquisition opportunities.

"In parallel to its ongoing commitment to grow through exploration, the company has been building a capability to undertake merger and acquisition opportunities where appropriate as a means also of sustaining its growth profile," chairman Don Mercer said.

"The improved financial flexibility and increased free cash flow will provide the company with the financial means of delivering on its growth strategies when exploration success is encountered, or growth opportunities through merger and acquisition as identified."

Mr Mercer was addressing shareholders at the ...

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