CAPITAL MARKETS

Newmont ups cashflow, reserves

DESPITE posting a full-year loss due to impairments, Newmont Mining has shown that it’s in strong shape and poised for growth.

Kristie Batten
Newmont ups cashflow, reserves

The full-year net loss was US$60 million, while adjusted net income was up by 26% to $780 million. The loss was due to non-cash impairments at the end of the year: $346 million for re-measurement of...

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