February 12, 2020 / 10:01 PM / 11 days ago

Australia's Newcrest Mining posts 18% rise in HY underlying profit

Feb 13 (Reuters) - Australia’s Newcrest Mining Ltd posted an 18% rise in underlying half-year profit, helped by higher realised gold prices.

The country’s largest listed gold miner recorded underlying profit for the half-year ended Dec. 31 of $280 million, up from $237 million reported last year.

The company also declared an interim dividend of 7.5 cents per share. (Reporting by Shreya Mariam Job in Bengaluru; Editing by Bernard Orr)

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