Despite reporting a drop in headline earnings, gold major Newmont Mining has beaten analyst forecasts by $0.14 a share with its first-quarter results.
For the three months ended March 31, the Denver, Colorado-based miner reported a 20% drop in adjusted net income of $182-million, or $0.34 a share, down from $229-million, or $0.46 a share in the previous year quarter.
