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Newmont's dividend plan

Newmont Mining (US: NEM) is abandoning its gold price-linked dividend policy for a more traditional model, and plans to boost the payout by at least 50% in 2018.

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The US miner revealed the new plan as it raised its production guidance for next year to 4.9-5.4 million ounces of gold from 4.7-5.2Moz and narrowed its all-in sustaining cost outlook to US$965-...

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