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Newmont Mining Corp. chief executive Richard O’Brien said costs for the gold-mining industry are likely to rise by about 5 percent next year.
The increase will be attributable to “input” costs and the price of labor, O’Brien said Wednesday in an interview on the sidelines of a conference in London. The Greenwood Village-based company will generate $1.5 billion in “operating cash” next year, up from $1 billion this year, he said.
