Earnings / Commodities
Newmont Posts Record Adjusted Net Income of $2.3 Billion as $2.20 Adjusted Earnings Beat the $1.96 Estimate and Cost Guidance Improves
Revenue rose to $6.36 billion and reported net income was $2.5 billion, or $2.35 a share, while full-year cost guidance improved to $925 an ounce on a by-product basis for costs applicable to sales.