U.S. gold miner Newmont's quarterly adjusted earnings rise

Wed Jul 22, 2015 4:30pm EDT
 
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July 22 (Reuters) - Newmont Mining Corp reported higher second-quarter adjusted earnings on Wednesday as lower oil prices and favorable exchange rates offset the impact of weaker metal prices.

Newmont, the world's No. 2 gold producer by ounces mined, said adjusted net earnings rose to $131 million, or 26 cents a share, in the quarter to end-June from $101 million, or 20 cents a share, in the same period a year ago. (Reporting by Nicole Mordant in Vancouver; Editing by Diane Craft)