Newcrest wary on scarce labour, inflation
Australia’s biggest gold miner has posted a drop of almost a quarter in full-year profit for 2022 and warns the short-term outlook for costs remains “unpredictable”.
Newcrest Mining reported on Friday an underlying profit of $US872 million ($A1.26 billion) for the year ended June 30, down from $US1.16 billion a year earlier.