Gold Trades Near Session Low, Down 1%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/4/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Newmont Mining (NEM) Announces Updated 2018 and Longer-term Outlook
December 6, 2017 5:47 AM ESTNewmont Mining Corporation (NYSE: NEM) announced its improved 2018 outlook1, increasing attributable gold production guidance to between 4.9 and 5.4 million ounces and improving AISC2 to between $965 and $1,025 per ounce, compared to previous 2018 guidance.
Highlights
Gold costs applicable to sales (CAS): CAS guidance for 2018 is improved to between $700 and $750 per ounce, compared to previous 2018 guidance of between $700 and $800 per ounce; CAS is expected to be between $620 and $720 per ounce for 2019 and between $650 and $750 per ounce longer term through 2022.Gold all-in sustaining costs (AISC): AISC... More