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Newmont quarterly profit doubles on gold price boost

Feb 18 (Reuters) - Gold miner Newmont Corp said on Thursday fourth-quarter adjusted profit more than doubled, driven by higher prices on the back of safe-haven buying during the pandemic.

The world’s largest gold miner said adjusted profit rose to $856 million, or $1.06 per share, in the quarter, from $410 million, or 50 cents per share, a year earlier. (Reporting by Arundhati Sarkar in Bengaluru; Editing by Sriraj Kalluvila)

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