Price hits Newcrest profit

NEWCREST Mining posted an $US81 ($A114) million profit for the half year ended December 31, down 55% on the same time last year.

Price hits Newcrest profit Price hits Newcrest profit Price hits Newcrest profit Price hits Newcrest profit Price hits Newcrest profit

The result came on the back of a 13% revenue drop year on year to $US1.5 billion.

The softer profit result has been blamed on the lower US dollar gold and copper price and lower copper sales volumes.

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