Jan 30 Newmont Mining Corp said on
Thursday it produced 1.5 million ounces of gold and 38 million
pounds of copper during the fourth quarter.
The world's third-biggest gold company by market value said it
expects consolidated gold production of between 5.0 million and
5.3 million ounces of gold and between 160,000 to 175,000 tonnes
of copper in 2014.
Newmont also said it will apply a gold price of $1,300 per
ounce, down from $1,400 a year ago, for all asset impairment
testing as well as in calculating its gold reserves.