Newcrest Facing Questions About June 7 Disclosure of Writedown

Newcrest Facing Questions About June 7 Disclosure of Writedown

Carla Gottgens/Bloomberg

Newcrest tumbled 15 percent in the week ended June 7, when it announced the likely A$5 billion to A$6 billion charge and said production would be relatively flat next year as it stopped certain high-cost operations.