Centerra Gold Reports Quarterly Loss

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.