Newmont Mining 1Q up on Soaring Gold Prices | IBT Commodities & Futures

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Newmont Mining 1Q up on Soaring Gold Prices

CEO Richard O'Brien estimates gold could reach $1,100 an ounce in 2009

Susanna Alfonso

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24 April 2008 @ 05:23 pm EST

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Newmont said its average gold price increased more than 40 percent from $653 per ounce a year ago.

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