Newmont delivers solid earnings as it sees average gold prices above $2000 in Q1

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The company said its revenue for the first quarter was $4.02 billion, beating consensus estimates of $3.65 billion. Tom Palmer, President and CEO of Newmont, said that the company is on track to achieve its goals to create an attractive value proposition for new and existing investors, After a solid start to the year, the company said that it expects production to ramp up in the second half of 2024.

 

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