BRIEF-Kinross Gold says Q3 adjusted loss per share $0.02

Tue Nov 10, 2015 4:40pm EST
 
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Nov 10 (Reuters) - Kinross Gold Corp

* Q3 revenue $809.4 million, versus $945.7 million; Q3 reported loss per share $0.05; Q3 adjusted loss per share $0.02

* Q3 production 680,679 gold equivalent ounces, compared with 693,818 ounces in q3 2014

* Q3 all-in sustaining costs $941 per au eq. oz. Sold, compared with $919 in q3 2014

* Says has reduced corporate headcount costs by 23% and is closing its denver office

* Says headcount reduction is in addition to the departure of 222 tasiast employees in september

* Says combined annual savings from the corporate and tasiast reductions are expected to be approximately $30 million

* Says expects to be within updated 2015 guidance range for production (2.5-2.6 million au eq. oz.)

* Says expects to be within itsupdated all-in sustaining cost range of $975-$1,025 per au eq. Oz in 2015

* Says expects to end the year below its updated capital expenditure guidance of $650 million Source text for Eikon: Further company coverage: