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    gold investing

    Centerra Gold Reports Quarterly Loss

    Investing News Network
    Nov. 08, 2012 08:29AM PST
    Precious Metals Investing

    Reuters reported that Centerra Gold reported a quarterly loss in the third quarter, due to rising costs and a drop in output at its Kumtor mine in Kyrgyzstan..

    Reuters reported that Centerra Gold reported a quarterly loss in the third quarter, due to rising costs and a drop in output at its Kumtor mine in Kyrgyzstan..

    As quoted in the market report:

    Late Wednesday the company reported a net loss of $46.8 million, or 20 cents a share, for the quarter ended Sept 30, compared with earnings of $83.7 million, or 35 cents a share, in the year-earlier period.

    To view the whole Reuters report click here.

     

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