Oct 28 (Reuters) - Newmont Mining Corp , the world's second-largest gold producer, said adjusted third-quarter profit rose, largely because it sold the precious metal for an average of 39 percent more than last year.
Net earnings were $493 million, or $1.00 per share, compared with $537 million, or $1.09 per share, a year earlier, said the Denver-based company, which operates mines in North and South America, Africa, Australia and Indonesia.
But adjusted for items including a noncash impairment related to marketable securities, the profit was $1.29 per share -- up from $1.08 a year earlier.
Newmont said revenue rose 6 percent to $2.7 billion, with its average realized price for gold in the quarter increasing 39 percent to $1,695 per ounce.
During the third quarter, spot gold hit a record high of $1,920.30 an ounce on Sept. 6. It fell after that to end the quarter at $1,623 an ounce.
