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Capstone widens loss as falling prices result in impairments

By:  
Creamer Media Deputy Editor: North America
 
BASE METALS
Base metals producer Capstone Mining has widened its third-quarter loss to $216-million, or $0.44 a share, as falling metals prices resulted in noncash impairment charges of $199.2-million being  booked at Santo Domingo, in Chile, Minto, in Canada’s Yukon Territory, and Kutcho, in British Columbia. This compared with a loss of about $100 000, or nil a share, for the comparable period of 2014.
 
 
 
 
 

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