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Newmont widens output gap over gold mining rivals

Bloomberg News | March 7, 2025 | 6:44 am Top Companies Canada Europe USA Gold 
Gold miner Newmont posts fall in first-quarter profit
Image from Newmont.

The biggest gold miners are jostling for dominance over the bullion market.

Newmont Corp. expanded its position as the top producer last year thanks to added output from its 2023 takeover of Australia’s Newcrest Mining Ltd.

Meanwhile, Barrick Gold Corp.’s lead over Agnico Eagle Mines Ltd. narrowed after production fell due to operational setbacks.

Agnico Eagle threatens to overtake its bigger rival if Barrick’s mine complex in Mali remains closed this year.

(By Jacob Lorinc)

2 Comments

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  • Iskandarsyah

    I always follow gold mining business because I believe gold business stable whatever happen even there is turbulence in the politics

  • Adam m.d chrusch

    Keep informed 👍

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