Newmont Ends 2018 on Strong Note; Goldcorp Acquisition Remains on Track
Newmont produced 5.1 million attributable gold ounces in 2018, falling on the better half of its guidance of 4.9 million to 5.2 million ounces. All-in sustaining costs, or AISC, of $909 per ounce beat guidance of $950 to $990 per ounce, as AISC dropped 9% in the fourth quarter. In all, the company reported a strong finish to the year.Newmont provided 2019 guidance that forecasts attributable production of 5.2 million ounces at AISC of roughly $935 per ounce. Longer term, production will fall to...
Goldcorp is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. Co.'s metal properties consist of gold, silver, copper, lead and zinc.
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