US investment bank JP Morgan has emerged as the leading adviser to companies in the mining sector, which have raised 25% more capital in the global equity markets this year than at the same period last year, despite volatile market conditions.
Global mining companies have raised $33bn (â¬22bn) through 298 share issues this year, one quarter more than the $26.5bn raised in the same period of 2007 across 388 deals. According to data from Dealogic, Europe contributed $2.5bn, largely due to the flotation of Czech coal miner New World Resources.
