Goldcorp's Musselwhite gold mine in Ontario, one of the many operations purchased by Newmont. Courtesy of Goldcorp.

Newmont shareholders have officially given their approval for the company’s $10 billion purchase of Goldcorp, a union that would create the largest gold mining corporation in the world.

On Thursday, Newmont shareholders “voted overwhelmingly” to approve the transaction at the company’s shareholder meeting, with 98 per cent of shareholders voting to approve the issuance of Newmont shares in connection with the transaction and 76 per cent voting to increase Newmont’s authorized common stock.