CAPITAL MARKETS

Newcrest surprises with bigger dividend

NEWCREST Mining has lifted its dividend by 14% and has a positive outlook for the coming year as the gold price sits near record highs.

Newcrest CEO Sandeep Biswas

Newcrest CEO Sandeep Biswas

The company's full-year underlying profit rose by 34% to US$750 million, while statutory profit was 15% higher at $647 million. Revenue rose 5% to $3.9 billion, while EBITDA was up 10% to $1.83 billion....

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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