Newcrest narrows FY loss

By Elizabeth Redman

Newcrest says it expects to be free cash flow positive in fiscal 2015 and will focus on operational discipline and profitable growth after narrowing its full-year loss.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

The loss included significant items after tax totalling $2. 653bn, including asset impairments, an additional income tax expense, restructure costs and writedowns, as previously flagged.

The miner posted a net loss attributable to members of $2. 221 billion in fiscal 2014, compared with a loss of $5. 783bn loss in the prior year.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

Read more here: Business Spectator


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