Newmont said on Thursday quarterly adjusted profit almost doubled, as the world's largest gold miner benefited from stronger bullion prices and higher output.
Newmont said adjusted profit rose to $410-million, or 50 cents a share, in the fourth quarter ended December 31, from $214-million, or 40 cents a share, a year earlier.
Attributable gold production rose 27% to 1.83-million ounces and average realized gold prices jumped to $1478 an ounce from $1233 last year.