April 25 (Reuters) - Newmont Corp ( NEM ) beat Wall

Street estimates for first-quarter profit on Thursday, as the

world's largest gold miner benefited from strong production.

On an adjusted basis, the company posted a net income of 55

cents per share for the quarter ended March 31, compared with

the average analyst estimate of 36 cents per share, according to

LSEG data.

The Denver, Colorado-based Newmont's ( NEM ) quarterly attributable

gold production rose to 1.7 million ounces from 1.27 million

ounces a year earlier, boosted through sites acquired following

its acquisition of Australia's Newcrest A$26.2 billion ($17.09

billion) in November.

Newmont ( NEM ) also saw higher average gold price at $2,090 per

ounce in the January-March quarter from $1,906 a year earlier,

as prices of the precious metal have increased by about 8.2%.

All-in-sustaining cost for gold, an industry metric that

reflects total expenses associated with production, rose to

$1,439 per ounce of gold from $1,376 a year earlier.

($1 = 1.5328 Australian dollars)