Fourth quarter production and costs were closely in line with our expectations, after Newmont’s mines in Africa made up for some continuing low-level coronavirus-induced disruptions at its operations in North and South America, in particular. Notwithstanding these disruptions, earnings for the full year outperformed our expectations by 6.6%, net debt declined by US$687m since end-Q3 and a generous quarterly dividend distribution of US$0.55/share was announced.
26 Feb 2021
Newmont Corporation - The full Newmonty
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Newmont Corporation - The full Newmonty
- Published:
26 Feb 2021 -
Author:
Charles Gibson -
Pages:
8
Fourth quarter production and costs were closely in line with our expectations, after Newmont’s mines in Africa made up for some continuing low-level coronavirus-induced disruptions at its operations in North and South America, in particular. Notwithstanding these disruptions, earnings for the full year outperformed our expectations by 6.6%, net debt declined by US$687m since end-Q3 and a generous quarterly dividend distribution of US$0.55/share was announced.