The Conversation (0)
Reuters reported that Newmont Mining (NYSE:NEM)’s production for Q3 has fallen by 6%, and are facing a record-setting $77 Million in charges associated with maintenance and restructuring.
Reuters reported that Newmont Mining (NYSE:NEM)’s production for Q3 has fallen by 6%, and are facing a record-setting $77 Million in charges associated with maintenance and restructuring.
As quoted in the report:
Newmont cited lower mill availability and recoveries at Boddington in Western Australia, and lower ore tons and grade mined at Tanami in northern Australia as reasons for lower productivity.