Gold miner Newmont posts fall in first-quarter profit – Reuters
- Date: 22-Apr-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Gold miner Newmont posts fall in first-quarter profit – Reuters
April 22 (Reuters) - Newmont Corp (NEM.N) on Friday posted a fall in first-quarter profit, as the world's biggest gold miner was hurt by lower gold sales volumes.
Miners have been dealing with labor disruptions and movement restrictions since the emergence of the Omicron coronavirus variant.
Newmont in February warned that Omicron-related issues could impact its gold production by as much as 150,000 ounces in the first quarter.
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