First Impression: Newcrest Mining (NCM) 1H17
All-In Sustaining Cost (AISC) steady US$770 per ounce. | Net cash flow from operating activities up 64% to US$601m. | Outlook: Group production guidance - gold 2,350-2,600 koz. Copper~80 – 90 kt. Capex US$545-645m. | Today’s share price reaction: Up 1.5% to $22.87 (11.45 am).
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Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
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