Newcrest Mining Limited - Independent review of disclosure practices completed
MELBOURNE, Australia, Sept. 5, 2013 /CNW/ - The Board of Newcrest Mining Limited today announced that Dr Maurice Newman AC, former Chairman of the Australian Securities Exchange, had completed his independent review of the Company's disclosure and investor relations practices. The appointment of Dr Newman to conduct an independent review was announced by the Company on 25 June 2013.
Following Newcrest's commitment to report publicly on the actions arising from Dr Newman's independent review, Dr Newman's full report can be found at www.sedar.com.
Newcrest Chairman, Mr Don Mercer said: "The Board supports in principle all of Dr Newman's recommendations. We will now proceed with their implementation, noting that a number are already reflected, fully or in part, in existing Company policies and procedures."
The Company has previously noted that the Australian Securities and Investments Commission (ASIC) is investigating certain matters relating to, or events leading up to, the Company's 7 June market release. The Company continues to co-operate with ASIC.
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