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Miner Newmont hints at dividend increase as bullion prices soar

Newmont Mining Corp, the world’s second biggest gold miner by market value, hinted on Thursday that it will boost its quarterly dividend later this year, reflecting a 25% jump in bullion prices so far this year. Newmont, which posted market-beating quarterly profits on Wednesday reflecting price, production and cost gains, will review its gold price-linked dividend at an October board meeting.