CAPITAL MARKETS

Newmont profit beats expectations

NEWMONT enjoyed a sharp share price boost late Friday after reporting a better-than-expected prof...

Tim Treadgold
Newmont profit beats expectations

The big gold miner's shares gained 9% in New York and Toronto to close at US$26.60. The profit compares with a loss of US$54 million for 2001 and comes after a strong increase in gold production, but...

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