Newmont Corp

NEM: XNYS (USA)
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Barrick Earnings: Strong but Overshadowed by the Resolution of Its Dispute With Newmont

Barrick's second-quarter adjusted NPAT is up 70% on a year ago, to USD 1.4 billion or USD 0.82 per share. The stronger gold price and slightly higher sales volumes more than offset increased unit costs. But shares fell 6% as it also settled its dispute with Newmont over Nevada Gold Mines, or NGM.

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