Newmont Corporation announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited. Newmont recently announced it has taken steps to establish a dedicated Business Unit in PNG with the appointment of Alwyn Pretorius who will assume the role of Managing Director and be based in Port Moresby.