Production and costs rising at Newmont

NEWMONT Mining is expecting a better second half of 2006 in terms of output after producing 2.77 million ounces of gold in the first half of this year, though cost pressures are expected to impact in the second half.

Production and costs rising at Newmont Production and costs rising at Newmont Production and costs rising at Newmont Production and costs rising at Newmont Production and costs rising at Newmont

In its full-year guidance, Newmont forecast gold equity sales of 3.13-3.43Moz in the second half or 5.9-6.2Moz for the 2006 year at a full-year average cost of $US290-310 per ounce.

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