Newcrest in 'fabulous position'

SHARES in Newcrest Mining outperformed peers this morning after the company unveiled its half-year results, a new dividend policy and refreshed five-year plan.

Newcrest in 'fabulous position' Newcrest in 'fabulous position' Newcrest in 'fabulous position' Newcrest in 'fabulous position' Newcrest in 'fabulous position'

Newcrest CEO Sandeep Biswas

Newcrest's half-year underlying and statutory profit was US$553 million, up 98% and 134%, respectively.

Earnings per share rose 121% to 67.7c.