Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Marion Rae

FOUND: Newcrest profit falls on cost pressures - You Need To See This

Newcrest's flagship gold mine Cadia has returned to full capacity. (PR HANDOUT IMAGE PHOTO) (AAP)

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.