Kinross Third Quarter Net Earnings Dip

Mining Weekly reported that, despite an uptick in output, Kinross Gold reported an 8.5 percent drop in third-quarter net earnings, as rising costs bit into profits.

As quoted in the market report:

For the quarter ended September 30, the company reported earnings of $224.9-million or 20c a share, compared with $207.1-million or 18 cents a share in the comparable period a year earlier.

To view the whole Mining Weekly report, click here.