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DENVER (AP) - Newmont Mining Corp., one of the world's largest gold producers, said Thursday its fourth-quarter net income jumped more than threefold thanks to higher gold prices although its sales volume dipped.
The results beat Wall Street estimates and helped boost the stock price by 1.5 percent in morning trading.
For the quarter ending Dec. 31, Newmont reported net income of $223 million, or 49 cents per share, compared with $62 million, or 14 cents per share, in the prior-year quarter.
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