Newmont Mining Suffers Lower Sales, Prices in Third-Quarter 2014, Cuts Long-Term Capex Outlook for North America, Australia
Newmont Mining Suffers Lower Sales, Prices in Third-Quarter 2014, Cuts Long-Term Capex Outlook for North America, Australia
SUGAR LAND--November 3, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Newmont Mining Corporation (NYSE:NEM) (Denver, Colorado) endured several setbacks in third-quarter 2014, as production and realized prices for gold and copper tumbled. The company has slightly reduced its outlook for capital spending for the remainder of the year. Industrial Info is tracking more than $9.5 billion in active projects involving Newmont.
Within this article: Details on Newmont's quarter and projects, including two major gold-mining projects in Nevada.
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