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Newcrest posts second year of major loss

Frik Els | August 18, 2014 | 9:13 am Precious Metals Asia Australia Gold 

Australia's Newcrest Mining reported a statutory loss of A$2.2 billion in the year ended June 30, after asset writedowns of more than $2.3 billion, mainly relating to its Lihir mine in Papua New Guinea. The latest financials compares with a...

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