— Newmont Mining Corporation (NYSE: NEM) reported third-quarter 2019 earnings of $0.36 per share, vs. $0.39 per share expected.
— Revenue grew 57% to $2.71 billion, vs. $2.85 billion expected. The topline was driven by higher realized gold prices and higher sales volumes, including a full quarter from the Goldcorp assets.
— Produced 1.64 million ounces of gold, up 28% YoY
— For full year 2019, Newmont expects production of 6.3 million ounces, CAS at $715 per ounce and AISC at $965 per ounce.
— NEM shares fell 0.75 % immediately following the announcement.
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