Newmont Announces Proposed Common Stock Offering

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Newmont Mining (NEM) Sells 29M Common Shares for Gross Proceeds of $602M

June 10, 2015 7:03 AM EDT

Newmont Mining (NYSE: NEM) announced that it has agreed to sell 29,000,000 shares of its common stock to Citigroup and J.P. Morgan, each of which will act as underwriters for the offering, for total gross proceeds of approximately $682 million. The Company intends to use the... More

Newmont Mining (NEM) to Offer 29M Shares of Common Stock

June 8, 2015 4:22 PM EDT

Newmont Mining Corporation (NYSE: NEM) today announced its intention to offer 29,000,000 shares of its common stock, subject to market and other conditions, through a registered public offering. In connection with the common stock offering, Newmont has granted the underwriters a 30-day option to purchase... More