Newmont Mining Corp. (NYSE:NEM) announced its results for Q4 2014, as well as the year as a whole, stating that full-year net income attributable to shareholders from continuing operations came to $548 million, or $1.10 per share. 2014 adjusted net income came in at $545 million, or $1.09 per share.

According to the Financial Times, the company’s Q4 results beat analysts’ expectations. It has been working hard to cut costs.

Other highlights include:

• Consolidated cash flow: Generated cash flow from continuing operations of $562 million in the fourth quarter and $1.5 billion for 2014; free cash flow was $218 million in the fourth quarter and $341 million for the year, a $680 million improvement over 2013
• Consolidated adjusted EBITDA: Delivered earnings before interest, taxes, depreciation and amortization (EBITDA) of $652 million in the fourth quarter and $2.1 billion for the full year
• Gold all-in sustaining costs (AISC): Lowered gold AISC to $927 per ounce in the fourth quarter, representing a second consecutive quarter of maintaining AISC below $1,000 per ounce; and $1,002 for the full year, a 10% improvement over 2013
• Gold costs applicable to sales (CAS): Reduced gold CAS to $631 per ounce in the fourth quarter, and $706 per ounce for the full year, representing a 9% improvement over 2013
• Attributable production: Produced 1.26 million ounces of gold in the fourth quarter and remained in line with guidance at 4.85 million ounces of gold for the year
• Shareholder returns: Declared a fourth quarter dividend of $0.025 per share in accordance with the Company’s gold price-linked dividend policy
• Outlook : Improved 2015 outlook through strong operating performance and expect attributable gold production of between 4.6 to 4.9 million ounces in 2015, at CAS of between $660 and $710 per ounce and AISC of between $960 and $1,020 per ounce in 2015

Click here to read the full Newmont Mining Corp. (NYSE:NEM) press release.