Newmont Earnings Preview: Lower Gold Prices To Weigh On Results

The company has divested a number of high-cost, non-core assets since the middle of last year. This will help lower the company?s cost structure and better position it to operate in subdued gold pricing environments. Newmont continued with its startegy of divestment of non-core assets with the announcement of the sale of its interest in the Penmont joint venture in Q3.