Miner Kinross reports bigger loss as production and prices drop

Wed Feb 10, 2016 5:07pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

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)