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Newcrest jumps on $5.8B loss

SHARES in gold producer Newcrest Mining jumped today, despite the company posting a $A5.77 billion loss after $6.2 billion in write-downs.

Kristie Batten
Newcrest jumps on $5.8B loss

Newcrest shares jumped as much as 6.2% in early trade, to an intraday high of $12.19. After previously forecasting write-downs of $5-6 billion, the company announced on Thursday the final figure would...

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