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Newcrest reports $5.3bn loss, its largest ever

MINING.com Editor | August 12, 2013 | 10:23 pm Precious Metals Australia Gold 

Newcrest Mining Ltd. has reported its largest annual loss ever, with a collapsing gold price pushing total write-downs to $5.73 billion. Disruptions at a handful of Newcrest's mines has also decimated earnings for the gold miner over the past 12...

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