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Newmont to boost production, lower costs

Newmont expects AISC of less than $1000/oz and average production of 5Moz until 2020

Kristie Batten

The company expects 2016 production of 4.8-5.3Moz gold at AISC of $900-960/oz. Sustaining capital is expected to be $700-750 million, and remain stable at $700-800 million over the next five years. ...

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