Newmont third-quarter profits rise on oil sands sale, output

Thu Oct 31, 2013 4:24pm EDT

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Oct 31 (Reuters) - Newmont Mining Corp reported a 7 percent rise in third-quarter profit on Thursday, benefitting from the sale of its investment in Canadian Oil Sands Ltd and higher output at its Australian and Nevada operations.

Net income rose to $429 million, or 86 cents a share, from $400 million, or 81 cents, in the same period a year earlier ago.

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