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    gold investing

    Yamana Gold Third Quarter Profits Fall

    Investing News Network
    Oct. 30, 2012 08:00AM PST
    Precious Metals

    Canadian Business reported that Yamana Gold’s profits in Q3 were down year-over-year, due to a substantial charge from an increase in Chilean tax rates.

    Canadian Business reported that Yamana Gold’s profits in Q3 were down year-over-year, due to a substantial charge from an increase in Chilean tax rates.

    As quoted in the market report:

    The gold miner, which keeps its books in U.S. dollars, said Monday the profit amounted to eight cents per share for the quarter ended Sept. 30, down from $115.8 million or 16 cents per share a year ago.

    To view the whole Canadian Business report, click here.

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