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Softer Aussie production for Newmont

NEWLY created Newmont Goldcorp reported better-than-expected March quarter earnings, though production out of Australia was weaker both quarter-on-quarter and year-on-year.

Kristie Batten, Henry Lazenby
Newmont's Tanami mine in the Northern Territory

Newmont's Tanami mine in the Northern Territory

The Australian mines, comprising Boddington, Tanami and 50% of the Super Pit, produced 340,000 ounces of gold in the March quarter, down from 381,000oz in the December quarter and 366,000oz for the same...

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