April 26, 2018 / 11:04 AM / 7 months ago

Newmont profit surges on higher gold prices

April 26 (Reuters) - Gold miner Newmont Mining Corp reported a four-fold increase in first-quarter profit on Thursday as prices of the commodity rose.

Net income attributable to shareholders rose to $192 million, or 36 cents per share, for the quarter ended March 31, from $47 million, or 9 cents per share, a year earlier.

Total sales rose to $1.82 billion from $1.69 billion. (Reporting by Akshara P in Bengaluru Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below