Yamana Gold slumps to quarter loss on impairment charge

Tue Feb 18, 2014 7:43pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Feb 18 (Reuters) - Yamana Gold Inc reported a net loss for the fourth quarter on Tuesday due to a $535.8 million impairment charge it booked on certain mineral properties.

The Canadian gold miner reported a loss of $583.9 million, or 78 cents a share, in the three months to end-December compared with a profit of $169.2 million, or 23 cents a share, in the year-ago period.