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<WIRE> Newcrest Mining (ASX:NCM) Posts Full Year Revenue of $4,508 Million



Newcrest Mining (ASX:NCM) has reported its financial year revenue at US$4,508 million, an increase from the US$4,207 million of the past financial year.

The company has also declared a final dividend of 20 US cents per share.

The gold production for FY24 is expected to be within 2,000 - 2,300 Koz.

The company reported a FY underlying profit of US$778 million, lower than the US$872 million reported the previous year.

Additionally, FY24 copper production is forecasted between 120 - 140 Kt with an all-in-sustaining cost of $2,200 - $2,600.

The sustaining capital expenditure for FY24 is projected to be between $560 – $640 million with non-sustaining capital expenditure anticipated between $610 – $735 million.

The exploration expenditure for FY24 is expected to be within $130 million - $150 million.

Newcrest Mining (ASX:NCM) is a leading global mining company known for its expertise in gold, copper and other minerals production and exploration.


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