Agnico-Eagle reports loss, reviews business amid weak gold price

Wed Jul 24, 2013 5:13pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, July 24 (Reuters) - Gold miner Agnico Eagle Mines Ltd reported a net loss on Wednesday, hurt in part by a maintenance shutdown, and said it is "reviewing all aspects" of its business in light of the recent drop in gold prices.

Agnico's net loss for the second quarter was $24.4 million, or 14 cents a share, compared with net income of $43.3 million, or 25 cents, a year earlier.

Revenue fell to $336.4 million from $459.6 million.