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Newcrest Mining Limited (ASX:NCM) is the largest gold producer listed on the Australian Securities Exchange and one of the world’s largest gold mining companies. As of 2018, its major operations in New South Wales’ Cadia Valley, Telfer in Western Australia, Gosowong in Indonesia, and Lihir in Papua New Guinea (PNG).
Newcrest Mining Limited (ASX:NCM) announced this morning that it is likely to make a $260 million after tax accounting reduction in the value of two of its assets.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.18% at lunch.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is set to open higher Thursday morning, according to data from the Sydney Futures Exchange.
The S&P/ASX 200 (INDEXASX: XJO) (^AXJO) and All Ordinaries (INDEXASX: XAO)(^AORD) ended higher on Tuesday, according to Yahoo! Finance.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.58% at lunch.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is tipped to higher Monday morning, according to the Sydney Futures Exchange.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is down by 0.53% at lunch.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) (ASX: XJO) fell 1% on Wednesday, according to Google Finance.