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Newmont output falls in 1Q, costs rise

US leading gold miner Newmont posted a 8% fall in gold production in the first quarter, primarily due to a 25% fall in output at its North American operations where AISC costs rose by 29%.

Newmont output falls in 1Q, costs rise Newmont output falls in 1Q, costs rise Newmont output falls in 1Q, costs rise Newmont output falls in 1Q, costs rise Newmont output falls in 1Q, costs rise

Newmont gold disappoints

Adjusted EBITDA for the firm fell to US$1.39 billion in the first three months of this year, down 4% from $1.