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Newmont sees earnings dive on dismal output

Marc Howe | July 26, 2012 | 11:55 pm Base Metals Precious Metals Australia Latin America Copper Gold 

Newmont Mining's (NYSE:NEM) second quarter earnings plunged 28% compared to the same period last year on reduced gold and copper output. Faster than expected increases in costs also contributed to the US gold giant falling short of analysts estimates. The...

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