Newmont is trading 4.16% up now at A$168.12, supported by gold prices and easing September rate-hike expectations.
- Gold rose about 0.6% on August 14 to approximately $4,376 per ounce.
- Softer U.S. inflation and weak July retail sales reduced expectations for a September Federal Reserve rate hike; Newmont benefits from its Nevada Gold Mines settlement with Barrick.
- The broader market was broadly steady; the move appears sector-driven; no new August 17 company announcement identified.