A CLEAN-OUT of beleaguered goldminer Newcrest's top brass has been applauded by investors after a string of operational mishaps, a slumping share price, potential class actions and disclosure practices that led to an investigation by the nation's corporate watchdog.

A CLEAN-OUT of beleaguered goldminer Newcrest's top brass has been applauded by investors after a string of operational mishaps, a slumping share price, potential class actions and disclosure practices that led to an investigation by the nation's corporate watchdog.