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Actionable news in NEM: NEWMONT MINING Corp,

Gold miner Newmont's income beats market, lowers costs

(Adds analyst expectations, production, outlook)

July 20 (Reuters) - Newmont Mining Corp reported higher second-quarter adjusted net income on Wednesday, blowing past analysts' expectations, on the back of higher gold production and lower costs.

Newmont, the world's second biggest gold producer by market value, also lowered its cost forecast and its stock rose.

The U.S.-based miner said adjusted income rose to $231 million, or 44 cents a share, in the quarter to end-June from $131 million, or 26 cents a share, in the same period...