Global Wrap: Newmont, X2 and more

IN Global Wrap this week; Newmont raises cash for acquisition; X2 bidding for assets; Ivanhoe in DRC talks; five-way merger between juniors; Peabody axes jobs; and fatality for Amplats.

Global Wrap: Newmont, X2 and more Global Wrap: Newmont, X2 and more Global Wrap: Newmont, X2 and more Global Wrap: Newmont, X2 and more Global Wrap: Newmont, X2 and more

Newmont Mining Corporation has sold 29 million shares to Citigroup and JP Morgan, each of which will act as underwriters for the offering, for total gross proceeds of around $US682 million.