Newcrest Mining Full Year Result - NCM declares first dividend since the first half of 2013

Newcrest Mining (NCM) reported an underlying full year profit of US$323m which was US$101m lower compared to the prior period. The decline reflected lower realised US dollar gold and copper prices. Other contributing factors included the suspension of operations at Gosowong due to a mine collapse in February 2016 and lower copper volumes from Cadia and Telfer mines.