Newmont Mining (NEM) Misses Q4 EPS by 8c

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Newmont Announces Full Year and Fourth Quarter 2016 Results

February 21, 2017 4:15 PM EST

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced full year 2016 results that demonstrated improved operational and financial performance. Excluding Newmonts share of PTNNT which was sold last November, the Company:

Net income (loss): Delivered GAAP net income (loss) attributable to shareholders from continuing operations of $(220) million or $(0.41) per diluted share and adjusted net income1 of $619 million or $1.16 per diluted share EBITDA: Generated $2.4 billion in adjusted EBITDA2, up 25 percent from the prior year Cash... More