CAPITAL MARKETS

Horror year for Newcrest

A STEEP decline in the gold price coupled with a battering to its reputation has made 2013 particularly nasty for Australia’s biggest gold producer, Newcrest Mining. And the company’s shares are set to finish the year at about a 10-year low.

Kristie Batten

Horror year for Newcrest

It can be argued that few companies have had a worse year than Newcrest. Gold stocks were already relatively unloved when an April price plunge wreaked havoc on the sector. But the real trouble...

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