Newmont Goldcorp profit misses expectations on deal, non-operating mine cost

Newmont Goldcorp, the world’s biggest gold miner, reported lower-than-expected earnings on Thursday, due to costs including those associated with takeover and joint venture deals and non-operating mines.

Net income attributable to shareholders from continuing operations fell to $1-million from $274-million, or 0c a share, in the three months ended June 30, compared with expectations of $188.58-million, or 23c a share, according to Refinitiv data.