Gold miner Newmont's profit soars, beats estimates
Gold producer Newmont Mining Corp said on Thursday that fourth-quarter profit soared, easily beating Wall Street estimates, and revenue almost doubled on record prices for the precious metal.
Newmont Mining Corp. is open to a merger with Barrick Gold Corp., which would create a company with a combined market value of $47.4 billion, WAtoday said on its Web site today, citing Newmont Chief Executive Officer Richard O'Brien.