Newcrest shares near 10-year low

Newcrest Mining Ltd shares are nearing a 10-year low on media reports the group is planning hundreds of job cuts in Papua New Guinea.

Newcrest Mining Ltd shares are nearing a 10-year low on media reports the group is planning hundreds of job cuts in Papua New Guinea.

Separately, former chairman of the Australian Securities Exchange Dr Maurice Newman has been appointed to conduct an independent review of the company’s disclosure and investor relations practices.

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