SYDNEY, Feb 2 (Reuters) - Newcrest Mining Ltd, Australia's top gold miner, plans to raise funds through an institutional share placement, the company said in a statement on Monday.
Newcrest shares were placed on trading halt to complete the placement. The proceeds would be used boost Newcrest's balance sheet and help fund growth opportunities, the company said.
(Reporting by Denny Thomas) Keywords: NEWCREST/ (denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging: denny.thomas.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Newcrest shares were placed on trading halt to complete the placement. The proceeds would be used boost Newcrest's balance sheet and help fund growth opportunities, the company said.
(Reporting by Denny Thomas) Keywords: NEWCREST/ (denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging: denny.thomas.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.