UPDATE: Newmont Reports 11% Rise In Q2 Revenue

Newmont Mining Corp NEM reported a 1.3% rise in its Q2 profit attributable to shareholders. Newmont's quarterly profit rose to $387 million from $382 million. Its earnings per share came in at $0.77. Its adjusted net income came in at $0.90 per share. Newmont's total sales climbed 11% to $2.38 billion. However, analysts were expecting earnings of $1.01 per share on sales of $2.5 billion. Newmont's shares dropped 2.10% to $56.52 in pre-market trading.