NCM News: UPDATE 2-Australia's Newcrest profit falls nearly 11% on higher operating costs - 11th Aug 2023, 9:19am

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By Nausheen Thusoo

Aug 11 (Reuters) - Australia's Newcrest Mining Ltd , which has received a A$26.2 billion takeover offer from Newmont Corp, posted a near 11% fall in annual profit on Friday, hurt by lower realised prices for copper and a rise in operating and finance costs.

The country's largest listed gold miner said its underlying profit was $778 million for the year ended June 30, compared with $872 million a year earlier and ana...

>>> Read more: UPDATE 2-Australia's Newcrest profit falls nearly 11% on higher operating costs
 
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