Newmont gold
Feb. 25 (Bloomberg) — Newmont Mining Corp., the largest U.S. gold producer, reported fourth-quarter profit that topped analysts’ estimates after output increased and bullion prices rose to a record.
Net income climbed to $558 million, or $1.13 a share, from $4 million, or 1 cent, a year earlier, Greenwood Village, Colorado-based Newmont said today in a statement. Sales rose 90 percent to $2.52 billion. Profit excluding some items was $1.14 a share. The average estimate of 12 analysts surveyed by Bloomberg was for profit of 86 cents.
