Business Briefs | Mining Company Profit

June 13, 2016

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The Kinross Gold Corporation posted a second-quarter profit that topped forecasts as high gold prices more than offset lower production. The company, based in Toronto, said it earned $65.6 million, or 19 cents a share, in the period, compared with a loss of $16.4 million, or 5 cents a share, a year earlier. Sales increased to $252.3 million from $174.6 million.

Category: General, Gold, Kinross