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AAP

Business

Marion Rae

INSANE: Newcrest confronts rising costs safety | Vintage Vibes

Newcrest Mining copper Gold Newcrest Mining

Newcrest says it will contain cost growth to between six to eight per cent for the 2023 fiscal year. (PR HANDOUT IMAGE PHOTO) (AAP)

Australia's biggest gold producer is confronting global and internal challenges as it pushes to take advantage of economic change.

Newcrest Mining CEO Sandeep Biswas told shareholders on Wednesday the company has faced inflationary pressures, labour shortages, floods, and supply chain bottlenecks since the last annual general meeting.

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