This followed lodging of the orders of the Federal Court of Australia with the Australian Securities and Investments Commission after Newcrest's shareholders voted in favor of the Scheme. "This milestone represents a pivotal and historic moment in our strategy to create the world's premier gold and copper company by consolidating Tier 1 assets in the world's most favorable mining jurisdictions," said Tom Palmer, Newmont's President and Chief Executive Officer. "Once complete, our combined business will feature 10, Tier 1 operations supporting decades of safe, profitable, and responsible gold and copper production, with best-in-class sustainability performance. We appreciate Newcrest's and Newmont's shareholders' vote of confidence in our value-focused strategy, proven operating model and seasoned management team." All regulatory, shareholder and legal approvals for the proposed acquisition of Newcrest by Newmont have been secured. Newmont and Newcrest expect the transaction to close in early November.