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Weak gold prices, Australian charge drive Newmont's $2bn loss

Cecilia Jamasmie | July 26, 2013 | 1:55 pm Precious Metals Top Companies Australia Europe Latin America Gold 

Second-largest gold producer Newmont Mining Corp. (NYSE:NEM) posted Friday a surprising $2 billion second-quarter loss after a major plunge in gold prices and an impairment charge related to two Australian mines. The miner said the $1.8bn writedown was driven mainly...

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