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Newmont says 2019 gold production at mid-point of previous outlook

From uk.reuters.com

Newmont Mining Corp on Thursday updated its five-year production outlook and said it expects gold production for 2019 to be in the midpoint of its previous forecast. The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces. The company expects production in 2019 to be driven by its recently completed Subika Underground project in Ghana. The project received an environmental permit to build and operate in March 2017. The gold miner said its 2019 North America production will be hurt by depletion of Silverstar ore at Carlin mine ... (full story)

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