Newcrest Mining News

Australian shares climbed in early trading on Monday, with the S&P/ASX 200 index up 0.7% at 4,056.00. Miners were in the lead as commodity futures firmed in electronic trading, with gold miner Newcrest Mining Ltd.

Australian stocks rose in early Friday trading, with select retail and materials shares among the major gainers, as the S&P/ASX 200 rose 0.3% to 4,068.90. Newcrest Mining Ltd.

Weakness in most commodities and rising fears of a messy Greek exit from the euro zone sent Australian stocks down sharply Wednesday, led by losses in the resource sector.

An excavator digging a trench to lay powerlines to the Cadia gold mines near Orange has ruptured a gas pipe.

Commercial explosives giant Orica has reaffirmed its full-year profit forecast and beaten market forecasts by today announcing a 4 per cent drop in first-half profit.

Stick to physical metals, avoid mining stocks. That's the conventional wisdom in global stock markets in spring 2012.