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Eldorado profit narrows on lower sales

Canadian gold producer Eldorado Gold has reported lower adjusted earnings for the second quarter than last year as lower gold sales from continuing operations weighed on the TSX- and NYSE-listed miner’s financial performance.
Excluding single items, net earnings for the three months ended June 30 was $6.3-million, or $0.01 a share, compared with an adjusted net earnings of $11.7-million, or $0.01 a share, in the second quarter of 2016.