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Buoyant gold price underpins higher Newmont profit

NEWMONT increased earnings to US$90.8 million in the last last quarter and has forecast a slight ...

Michael Quinn
Buoyant gold price underpins higher Newmont profit

The US$23.7 million increase in earnings quarter-on-quarter was a direct result of higher gold prices, with Newmont receiving an average of US$353/oz for its 1.82 million ounces in 2003 as compared to...

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