BRIEF-Newmont Sees Scope for Consolidation Among Gold Companies

Oct 28 (Reuters) - Newmont Corporation (NEM):

* NEWMONT SAYS EXPECTS COVID ABSENTEEISM AND TIGHTENING OF CANADIAN LABOR MARKET TO CONTINUE INTO 2022 - CONF CALL

* NEWMONT SAYS THERE'S AN OPPORTUNITY FOR CONSOLIDATION AMONG PUBLICLY LISTED GOLD COS IN TERMS OF ADDITIONAL OVERHEADS - CONF CALL

* NEWMONT SAYS CLIMATE CHANGE WILL BE THE DRIVER FOR GOLD SECTOR CONSOLIDATION RATHER THAN SOME NEAR-TERM COVID-RELATED ESCALATION - CONF CALL

* NEWMONT SAYS ELEVATED GOLD PRICES PROBABLY HOLD OFF A LOT OF CONSOLIDATION; DON'T BELIEVE NEAR TO MEDIUM-TERM COST ESCALATION WILL DRIVE CONSOLIDATION Further company coverage:

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