Australia weighs on Newmont

ISSUES at Boddington and Tanami have impacted Newmont Mining’s September quarter production figures, with production across the company’s Asia Pacific operations dropping 19% over last year.

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Asia Pacific output for the third quarter was 402,000 ounces of gold, up slightly from June quarter output of 400,000oz but well down on the 495,000oz produced in the same period of last year.