Newmont - Profit the first trimester 2010
27-04-2010 Peru prayedThe auriferous mine-layer Newmont Mining Corp announced an increase in his profit of the 1st trimester 2010, which overcame the estimations of Wall Street, thanks to the fact that the income jumped with prices 22 % major for the gold.
The clear profit of the second biggest mine-layer of gold of the world jumped to 743 million dollars, or 1,11 dollars for action, from 277 million dollars, ó 0,4 dollars for title in the same period of the previous year 2009.
If items are excluded, the profit was 0,83 dollars for role, opposite to an estimation average of the analysts for 0,79 dollars for action.
The income grew 46 %, to 2.240 million dollars, since Newmont sold 1,33 million golden ounces in the period, more than the 1:26 millions of ounces sold in the same trimester of 2009.
The income forecast was 2.150 million dollars.
The average price of sale of the gold climbed 22 %, to 1.106 dollars for ounce, while the costs applicable to the sales were 480 dollars for ounce, said Newmont.
The company, with operations in North America, South America, Africa, Indonesia and Australia, he still waits for a cardinal production of gold of 2010 between 5,3 and 5,5 million ounces, to between 450 and 480 dollars for ounce.
The cardinal sales refer to the participation of Newmont in the production of mines that it possesses with associates.
The president and executive president Richard O'Brien, pointed out that the signature recently assured a mining license in the project Akyem in Ghana and it was advising in development plans in Conga, Peru.
Newmont said that it is still advancing towards the entire production in Boddington, his vast mine in the west of Australia, where the cardinal production in the first trimester was 158.000 golden ounces and 14 million pounds sterling of copper.
The company keeps on anticipating that the cardinal golden production in Boddington in 2010 will be from 800.000 to 875.000 ounces and that the cardinal copper production will be from 65 to 75 million pounds sterling.
