Newcrest Mining Full Year Result - NCM declares first dividend since the first half of 2013

CommSec

Newcrest Mining (NCM) reported an underlying full year profit of US$323m which was US$101m lower compared to the prior period. The decline reflected lower realised US dollar gold and copper prices. Other contributing factors included the suspension of operations at Gosowong due to a mine collapse in February 2016 and lower copper volumes from Cadia and Telfer mines. For more Reporting Season coverage, please visit (VIEW LINK)


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