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Newcrest Posts Loss

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Newcrest Mining (OTC: NCMGY) posted a loss for the year through June.

Newcrest swung to a net loss of A$5.78 billion, versus a year-ago profit of A$1.12 billion. On an underlying basis, it earned A$451 million, beating analysts' estimates of A$434.6 million.

Newcrest shares closed at $10.81 on Friday.

 

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