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Suspension a misunderstanding: Newcrest

AMID a cloud of takeover speculation, gold miner Newcrest Mining has moved to clarify the suspension of its investment coverage by Goldman Sachs JBWere, citing a “misunderstanding” between the two entities.

Ben Sharples
Suspension a misunderstanding: Newcrest

Newcrest said it recently met with Goldman Sachs (at the brokerage's request) to discuss the latter's revised profit projections for the gold miner for the year ending June 30, 2007. "Discussions centred...

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