ASX closes 0.5% lower, BHP, Fortescue drop
The ASX 200 closed 0.5 per cent lower, extending its losses for a fourth day in a row. Unemployment falls to 13-year low. Newcrest record profit. Treasury Wine ups dividend. Origin, S32 losses.
The ASX 200 closed 0.5 per cent lower, extending its losses for a fourth day in a row. Unemployment falls to 13-year low. Newcrest record profit. Treasury Wine ups dividend. Origin, S32 losses.
South32 has set medium-term carbon reduction targets for the first time, a day after closing the deal to exit thermal coal.
Peace appears to have broken out at the British and Canadian-listed explorer SolGold.
Newcrest Mining has increased its dividend payout rate after more than doubling its half-year net profit.
The ASX closed barely changed after a jam-packed day of earnings season news, with investors applauding Telstra and Newcrest, but AMP plunged.
Newcrest warned it expected the cost of protecting its workforce and communities from the pandemic to double.
Newcrest Mining has ticked off on the first stage of construction of its Havieron deposit in WA.
Newcrest Mining joins renewables rush, saying it will buy more than 200 megawatts of wind power a year.
Newcrest boss Sandeep Biswas has ruled himself out of the running for the top job at Rio Tinto.
It is understood the appointment of the next Rio Tinto chief executive is imminent.
ASX closed at an 8-month high as Pfizer’s vaccine trial continued to cheer global investors, and as Nasdaq futures turned up after taking a hit from an EU antitrust probe of Amazon.
How, the shareholder wanted to know, do I know the value of my holdings?
Newcrest gold production has dipped 12pc amid outages and maintenance shutdowns as its giant Lihir mine in PNG.
Australia’s biggest gold company will return to trading on North American markets, as the company looks to the Americas for its next phase of growth.
The boss of gold miner has emerged as one of the top paid CEO’s on the ASX.
Newcrest will pay a higher full-year dividend after hiking profit 15pc, even after spending $US1.3bn on growth options.
The soaring gold price has boosted Newcrest Mining’s full-year earnings and countered a fall in the company’s production levels.
A major mining company has confirmed one of its workers has contracted COVID-19 and other staff have been quarantined.
Original URL: https://www.theaustralian.com.au/topics/newcrest/page/5