| From Mineweb.com: To emphasise that capital raising for strong mining companies, particularly in the gold sector, is becoming less of a problem than late last year, Australia's top gold miner, Newcrest Mining Ltd, has raised A$750 million ($472 million) in a share placement to major institutions.
Indeed this is around 50 percent more than the company had originally targeted due to particularly strong institutional demand. The money is being raised to repay debt and for new mine development. Altogether a total of 27.8 million shares were sold at A$27 each, 13 percent below the last traded price..... Full Article: Source
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