Global gold miner Newmont Mining Corporation on Wednesday reported its third quarter attributable gold production had slumped by 6 per cent on lower mill availability and recoveries as well as lower ore tons and grades.

Total gold churned for the period in review reached 1.24 million ounces, a decline of 5.3 per cent from 1.31 million ounces a year ago.

Its attributable copper production, meanwhile, was 35 million pounds.

Preliminary attributable sales of its gold and copper sales hit 1.21 million ounces and 38 million pounds, respectively, at average realized prices of approximately $1,659 per ounce of gold and $3.54 per pound of copper. The London PM Fix average gold price for the quarter was $1,652 per ounce.

Moreover, Newmont likewise announced it is expecting a $27 million charge for the care and maintenance works applied on its care and maintenance, along with a $50 million charge for restructuring, severance, and related costs during the quarter.

Newmont's year-to-date 2012 attributable total gold and copper production had been reported to have reached 3,746,000 gold ounces and 108 million pounds of copper.

Newmont will report its third quarter 2012 financial results on Thursday, November 1st, 2012, after market close.