BRIEF-Newmont Q4 loss per share $2.34

Fri, 21 Feb - 12:24pm

Feb 20 (Reuters) - Newmont Mining Corp NEM.N :

* Announces fourth quarter and full year 2013 financial and operating results

and provides three-year outlook

* Q4 revenue $2.2 billion versus I/B/E/S view $2.19 billion

* Q4 GAAP loss per share $2.34

* Q4 earnings per share view $0.44 -- Thomson Reuters I/B/E/S

* Q4 adjusted earnings per share $0.33 including items

* Says gold aisc per ounce are expected to decline through 2016

* Targets gold production increases in 2015 and 2016 to between 4.8 to 5.2

million attributable ounces compared to 2014

* Says gold production increases in 2015 and 2016 to between 4.8 to 5.2 million

attributable ounces compared to 2014

* Gold costs applicable to sales is expected to remain essentially flat over

next three-years compared to 2013 levels

* Says has secured commitments from relationship banks for a five year term

loan of $575 million

* Says reported gold reserves of 88.4 million ounces and copper reserves of 8.1

billion pounds for 2013

* Says "ability to achieve its outlook assumes the continuation of our current

operating plans at batu hijau"

* Source text for Eikon News Search ID:nBw89Zrbra

* Further company coverage NEM.N ((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140221:nASA08TIX:15
Topics: 
CMPNY PREC MINE BLR METL RTRS CDM MIN GDM ID RESF BMAT CORPD US RES HYD MET COM EMRG ASIA DBT LEN LOA USC BACT PREMTL ASEAN MTAL AMERS

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