News Focus
News Focus
icon url

FinancialAdvisor

02/24/05 8:52 AM

#4269 RE: FinancialAdvisor #4263

Newmont Mining Digs Up Profit

Newmont Mining Digs Up Profit

Feb 24, 2005 — NEW YORK (Reuters) - Newmont Mining Corp. <NEM.N> on Thursday reported higher fourth-quarter earnings on strong gold prices.

The Denver company said net income rose to $182 million, or 41 cents per share, from $153.1 million, or 36 cents per share, a year earlier.

Analysts, on average, had been expecting profit of 32 cents per share, according to Reuters Estimates.


LINK: http://abcnews.go.com/Business/wireStory?id=527433