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Costs blow out on Newmont's Tanami expansion

Shares in gold miner slump

Kristie Batten
The Tanami expansion under construction

The Tanami expansion under construction

Adjusted June quarter EBITDA fell 28% to US$1.1 billion from $1.6 billion a year earlier, while adjusted earnings per share of 46c missed consensus of 66c. Production was 1.5 million ounces of gold...

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