Miner Kinross quarterly net loss deepens on lower gold price

Tue Nov 10, 2015 4:06pm EST
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Nov 10 (Reuters) - Kinross Gold Corp slid to a deeper net loss in the third quarter on the back of lower margins due to a weaker gold price, results showed on Tuesday.

Toronto-based Kinross said it recorded a net loss of $52.7 million, or 5 cents a share, in the quarter to end-September compared with a loss of $4.3 million, or nil cents a share, in the same period a year ago. (Reporting by Nicole Mordant in Vancouver; Editing by Chizu Nomiyama)