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    gold-investing

    Kinross Gold Reports Multibillion Dollar Net Loss for Q4

    Investing News Network
    Feb. 14, 2013 08:53AM PST
    Precious Metals Investing

    Mining Weekly reported that Kinross Gold’s fourth quarter results showed multi billion dollar net loss related to their write down of the Tasiast mine.

    Mining Weekly reported that Kinross Gold’s fourth quarter results showed multi billion dollar net loss related to their write down of the Tasiast mine.

    As quoted in market report:

    Kinross reported a net loss of $2.98-billion or $2.62 a share for the fourth-quarter ended December 31, compared with a net loss of $2.79-billion or $2.45 a share in the same quarter a year earlier.

    To view the whole Mining Weekly report, click here.

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