This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Newmont Announces Preliminary Third Quarter Attributable Gold And Copper Production And Sales

Newmont Mining Corporation (NYSE: NEM) (“Newmont” or the “Company”) today reported preliminary third quarter attributable gold and copper production of 1.283 million ounces and 34 million pounds, respectively. Preliminary attributable gold and copper sales were 1.263 million ounces and 35 million pounds, respectively. Third quarter production was positively impacted by increased mill throughput in Nevada and higher grades and increased mining productivity as a result of efficiency improvements at Tanami in Australia.

The Company continues to expect full year 2013 attributable gold production of 4.8 – 5.1 million ounces and has revised its attributable copper production outlook to 135 – 145 million pounds from 150 – 170 million pounds. Gold production is expected to benefit from increased mill throughput in Nevada and the commencement of commercial production from Akyem in the fourth quarter. Attributable copper production for the year has been revised due to lower than expected mill throughput at Boddington and lower than expected ore grade processed at Batu Hijau.

Q3 2013 Preliminary Operating Results

Attributable Production


Q3 2012 Attributable Production


Q2 2013 Attributable Production


Q3 2013 Attributable Production


% Change Q3 2013 vs


% Change Q3 2013 vs

Region   (Kozs, Mlbs)   (Kozs, Mlbs)   (Kozs, Mlbs)   Q3 2012   Q2 2013
Nevada a 457 383 468 2% 22%
La Herradura   51   54   52   2%   -4%
North America   508   437   520   2%   19%
Yanacocha 182 150 132 -27% -12%
La Zanja   14   17   17   21%   0%
South America   196   167   149   -24%   -11%
Boddington 166 171 178 7% 4%

Other Australia/New Zealand

  230   247   288   25%   17%

Australia/New Zealand

  396   418   466   18%   11%
Batu Hijau   8   6   4   -50%   -33%
Indonesia   8   6   4   -50%   -33%
Ahafo   131   139   144   10%   4%
Africa   131   139   144   10%   4%
Total Gold   1,239   1,167   1,283   4%   10%
Boddington 16 16 15 -6% -6%
Batu Hijau   19   18   19   0%   6%
Total Copper   35   34   34   -3%   0%

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs