Newmont third-quarter profits rise on oil sands sale, output

Thu Oct 31, 2013 4:24pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Oct 31 (Reuters) - Newmont Mining Corp reported a 7 percent rise in third-quarter profit on Thursday, benefitting from the sale of its investment in Canadian Oil Sands Ltd and higher output at its Australian and Nevada operations.

Net income rose to $429 million, or 86 cents a share, from $400 million, or 81 cents, in the same period a year earlier ago.