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Bullish Newcrest reinstates dividend

A rebooted balance sheet and stable gold price boost confidence

Richard Wachman
Newcrest's Lihir mine, Papua New Guinea

Newcrest's Lihir mine, Papua New Guinea

The move came after full-year figures to end-June showed net debt falling 27% to US$2.1 billion with operating costs down 11%. CEO Sandeep Biswas, said: “Improvement in target financial metrics, together...

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