US gold miner Newmont Mining on Thursday reported stronger fourth-quarter results, aided by lower costs and production growth, which managed to offset lower metal prices.
The company, which will soon merge with Canadian miner Goldcorp to become the world’s largest gold miner, reported adjusted net income of $214-million, or $0.40 a share, compared with $206-million, or $0.23 a share in the prior-year quarter.