Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit
Newmont said bushfire damage at its Boddington mine will cut first-quarter gold output by about 60,000 ounces. Shares fell 1.1% to $108.01 after the update. The processing plant is running at 50%–60% capacity as water infrastructure repairs continue. Gold prices dropped nearly 1% as traders took profits ahead of U.S. jobs data.