Newmont Tops Forecasts on Higher Gold Prices, Production

  • U.S. miner’s all-in costs fell to $876/ounce in second quarter
  • Deferred taxes boosted adjusted earnings per shares, cash flow

Newmont Mining Corp. beat earnings estimates by more than 50 percent as the world’s second-largest gold producer churned out more of the metal at lower costs and sold it at higher prices.

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