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Newmont Profit Beats Estimates After Gold Climbs to Record
Apr. 21, 2011 10:27AM PST
Precious Metals InvestingBloomberg reported that profits for Newmont (NYSE:NEM) were higher than expected on the recent surge in gold prices.
Bloomberg reported that profits for Newmont (NYSE:NEM) were higher than expected on the recent surge in gold prices.
The market news is quoted as saying:
Newmont rose 22 cents to $58.85 in New York Stock Exchange composite trading yesterday. The company has climbed 13 percent in the past 12 months.
