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Gold major Newcrest more than doubles profit

Despite lower gold and copper prices, Newcrest Mining has posted a big jump in half-year profit

Kristie Batten*
Telfer in Western Australia

Telfer in Western Australia

The company's half-year underlying profit rose 104% to US$237 million, while statutory profit jumped 142% to $237 million. Gold production rose 6% to 1.2 million ounces, while all-in sustaining costs...

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