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Newmont Goldcorp shares sag on lower guidance

The world’s largest gold miner Newmont Goldcorp has lowered its 2019 production guidance after integration and operational problems mainly connected to former Goldcorp assets impacted September quarter results and its outlook.

Newmont Goldcorp shares sag on lower guidance Newmont Goldcorp shares sag on lower guidance Newmont Goldcorp shares sag on lower guidance Newmont Goldcorp shares sag on lower guidance Newmont Goldcorp shares sag on lower guidance

Newmont Goldcorp CEO Tom Palmer expects a strong finish to 2019

The company's share price (NYSE:NEM) fell as much as 5.8% to a new three-month low on Tuesday at US$36.64, before settling 3.4% lower at $37.55 at Tuesday's close.