Newmont's results take a dive

NEWMONT Mining Corporation has reported an almost 50% year-on-year plunge in net income and 20% fall in revenue in the March quarter on the back of sliding commodity prices.

Newmont's results take a dive Newmont's results take a dive Newmont's results take a dive Newmont's results take a dive Newmont's results take a dive

In its quarterly report, the Denver-based gold miner announced net income of $US189 million ($A262 million), down from $365 million in the prior year quarter.

Revenue for the March quarter was $1.