Newcrest profit soars as Canadian deal closes

NEWCREST Mining has posted a 178% jump in full-year statutory profit to US$561 million.

Newcrest profit soars as Canadian deal closes Newcrest profit soars as Canadian deal closes Newcrest profit soars as Canadian deal closes Newcrest profit soars as Canadian deal closes Newcrest profit soars as Canadian deal closes

Newcrest CEO Sandeep Biswas

EBITDA was up 7% to $1.67 billion, while the EBITDA margin rose 2% to 44.6%.

Newcrest produced 2.