July 25, 2017 / 4:10 PM / in 5 months

BUZZ-Newmont Mining: Q2 profit, forecast beat estimates

** Gold miner’s shares rise as much as 7.7 pct to $36.50, on course for biggest one-day pct gain since Dec. 29

** Posts better-than-expected Q2 profit and raises FY production forecast on a 13 pct jump in gold production

** Production forecast better than what analysts were expecting, RBC Capital Markets analyst Stephen Walker says

** NEM snaps YTD losses, now up ~6 pct, while gold has risen nearly 9 pct this year

** Toronto-listed shares of Barrick Gold, world’s largest gold producer, up 3 pct a day ahead of Q2 results

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