Kinross Gold Reports Multibillion Dollar Net Loss for Q4

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.