CAPITAL MARKETS

Greater profit, greater debt for Newcrest

HIGHER gold prices and boosted sales revenue helped Newcrest Mining to a half year net profit of $A154 million.

Charlotte Dudley
Greater profit, greater debt for Newcrest

The figure is a significant increase to the $8.1 million loss reported for the corresponding 2007 period. But while profits for the half year ended December 31, 2008 were up, the gold miner more than...

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