Kinross Gold reports bigger loss as costs rise

Tue May 10, 2016 5:10pm EDT
 
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May 10 (Reuters) - Kinross Gold Corp reported a bigger quarterly loss on Tuesday as higher production costs hurt the world's fifth biggest gold miner.

The Toronto-based miner's net loss attributable to shareholders rose to $13.9 million in the first quarter ended March 31 from $6.7 million. On a per-share basis, its loss was little changed at 1 cent per share.

Revenue rose marginally to $782.6 million. (Reporting by Arathy S Nair in Bengaluru; Editing by Anil D'Silva)