Reasons for Panel Position in Normandy 07 Proceedings
The Panel today published reasons for its decision in resolving the Normandy No.7 proceedings. The application was made by Newmont in relation to AngloGold's notice of extension of its bid for Normandy which was sent to Normandy shareholders on Friday, 11 January 2002 and various statements by AngloGold and its officers concerning AngloGold's intentions as to the price offered under the AngloGold bid for Normandy.