SYDNEY, Feb 2 (Reuters) - Newcrest Mining Ltd, Australia's top gold miner, plans to raise about A$500 million ($318 million) in a share placement, two sources with knowledge of the matter told Reuters on Monday.
The new shares are being offered at A$27.00 each, a near 13 percent discount to its last traded price, the sources added.
The sources declined to be identified as the details of the placement were yet to be made public.
($1=A$1.57)
(Reporting by Denny Thomas;) Keywords: NEWCREST/PLACEMENT (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.
The new shares are being offered at A$27.00 each, a near 13 percent discount to its last traded price, the sources added.
The sources declined to be identified as the details of the placement were yet to be made public.
($1=A$1.57)
(Reporting by Denny Thomas;) Keywords: NEWCREST/PLACEMENT (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.