Newmont on Track to Deliver Full-Year Targets
Newmont’s first quarter put it well on track to achieve its full-year targets of 4.9 million to 5.4 million attributable gold ounces at an all-in sustaining cost, or AISC, of $940 to $1,000 per ounce. In the first three months of the year, the company produced 1.2 million attributable gold ounces at AISC of $900 per ounce. As a result, the company largely maintained its prior guidance for the full year.Concurrently, Newmont announced the approval of the Subika Underground and Mill Expansion pro...
Newmont is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. The company is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions; North America, South America, Australia, Africa and Nevada.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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