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Newmont profit jumps as production tops 6.3Moz

Newmont reported net income of US$2.9 billion and adjusted net income of $970 million on sales of $9.7 billion for 2019, up from net income of $380 million in 2018.

Newmont profit jumps as production tops 6.3Moz Newmont profit jumps as production tops 6.3Moz Newmont profit jumps as production tops 6.3Moz Newmont profit jumps as production tops 6.3Moz Newmont profit jumps as production tops 6.3Moz

Borden in Canada

The company produced 6.3 million ounces of gold, a 23% increase over the 5.1Moz produced in 2018, at an all-in sustaining cost of $966/oz, up from $909/oz in 2018, in line with its guidance.