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Newmont slides after taking $1.6 billion Arctic hit

Frik Els | February 24, 2012 | 7:15 pm Precious Metals Africa Canada Europe Latin America Gold 

Shares in Newmont Mining was down 2.7% in early afternoon trade on Friday after the company announced it is taking a $1.6 billion hit over its Hope Bay project in Canada. The $30 billion company is still up 3.5% year...

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