Newmont lowers Boddington guidance

THE Boddington operation in Western Australia has not been immune to a reduction in Newmont Mining Corporation’s production forecasts for 2010 after the world’s second-largest gold producer shaved 75,000 ounces from its estimates.

Newmont lowers Boddington guidance Newmont lowers Boddington guidance Newmont lowers Boddington guidance Newmont lowers Boddington guidance Newmont lowers Boddington guidance

Boddington was originally tipped to produce 750,000-825,000oz of gold for 2010, but is now looking at rates of 700,000-750,000oz, with copper levels expected to be 50-60 million pounds, at costs

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