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Newcrest launches $1.1B raising for acquisition

Gold miner raises for the first time since 2009 to fund 'savvy deal'

Kristie Batten
Lundin's Fruta del Norte mine in Ecuador

Lundin's Fruta del Norte mine in Ecuador

The raising, Newcrest's first since 2009, comprises a $1 billion institutional placement, underwritten by RBC Capital Markets and Macquarie, and a $100 million share purchase plan. The issue price for...

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