Newcrest warns of $2.5b in writedowns

By Peter Ker
Updated July 24 2014 - 10:14am, first published 9:55am
The warning comes a year after Newcrest wrote down the value of its assets by almost $6 billion.
The warning comes a year after Newcrest wrote down the value of its assets by almost $6 billion.

Newcrest Mining is set to wear another round of massive asset impairments, with the gold miner today warning it could be forced to write down the value of its assets by as much as $2.5 billion.

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