CAPITAL MARKETS

Newmont back in positive territory

HIGHER gold prices and surging sales have swung Newmont Mining around to a second-quarter profit of US$64.8 million after a US$33.5 million loss in the June 2001 quarter.

Greg Tubby
Newmont back in positive territory

"We are starting to see the real benefits of the first quarter acquisitions in our bottom line," chairman and chief executive Wayne Murdy said. "Looking forward, we expect even stronger financial performance...

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