Barron's - Newmont shares could rise 55%

Mainstream Barron's on Newmont

But Newmont, the world’s No. 2 gold producer after Barrick, is likely to emerge a winner even if gold falls further. The Greenwood Village, Colo.–based company has sold assets and cut costs, reducing its break-even production price by about $200 in the past two years, to $1,002 an ounce.