CAPITAL MARKETS

Newcrest in 'fabulous position'

SHARES in Newcrest Mining outperformed peers this morning after the company unveiled its half-year results, a new dividend policy and refreshed five-year plan.

 Newcrest CEO Sandeep Biswas

Newcrest CEO Sandeep Biswas

Newcrest's half-year underlying and statutory profit was US$553 million, up 98% and 134%, respectively. Earnings per share rose 121% to 67.7c. The higher gold price saw the company's all-in sustaining...

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