Endeavour Mining posts 34% output rise in fourth quarter
Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.
Newmont Mining Corp , the second-largest gold producer in the world, plans to link its dividend to gold prices, and said it will target to raise production of the precious metal by more than a third by 2017.
Denver-based Newmont’s shares, which have trailed the Arca Gold Bugs Index since the beginning of the year, rose 4 percent to $58.72 in early trade.
