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Story summary
- Newmont Corporation reported fourth-quarter profit of $1.30 billion, down from $1.40 billion in the prior year.
- The company aims to widen margins amid a record rally in gold prices.
- CEO Natascha Viljoen said improving the performance of Newmont's Nevada joint venture is a key strategy to create value for shareholders.
- Management attributed the profit decline to higher royalties and taxes.
