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    gold-investing

    Kinross Third Quarter Net Earnings Dip

    Investing News Network
    Nov. 08, 2012 08:24AM PST
    Precious Metals Investing

    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.

    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.

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