Miner Kinross reports bigger loss as production and prices drop

Wed Feb 10, 2016 5:07pm EST
 
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TORONTO Feb 10 (Reuters) - Kinross Gold Corp reported a bigger quarterly loss on Wednesday, as lower production and an ongoing slump in prices for the precious metal hurt the world's fifth-biggest producer by output.

The Toronto-based miner said its fourth-quarter adjusted loss was $68.8 million, or 6 cents a share, compared with an adjusted loss of $6 million, or 1 cent a share, in the same period last year.

(Reporting by Susan Taylor; Editing by Chris Reese)