Newmont stock jumps as output rises and costs fall

US gold major Newmont Mining's operations across its portfolio outperformed for the three months ended June, pushing the company's NYSE-listed stock up by 8% on Tuesday. The Denver, Colorado-based miner has comfortably beaten analysts' earnings forecasts of $0.26 a share, posting an adjusted net profit of $0.46 a share – a 59% improvement from the $0.29 a share reported in the comparable period of 2016.