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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (66655)	8/31/2010 10:13:02 AM
From: LoneClone	Read Replies (1) \| Respond to of 194964

Australia's Newcrest sees further acquisitions possible Mon Aug 30, 2010 5:10am GMT af.reuters.com SYDNEY Aug 30 (Reuters) - Newcrest Mining (NCM.AX: Quote), Australia's top gold miner, would be comfortable with gearing between 15 and 25 percent, but would be willing to step that up if necessary to pursue acquisitions, its chief said on Monday. "If something came along which was a compelling acquisition or some other reason to go to a higher gearing point over a short period, then we'd certainly pursuit it," Chief Executive Ian Smith said on Monday. Newcrest completed its takeover of Lihir Gold on Monday. (Reporting by James Regan)