CAPITAL MARKETS

Lower gold price hits Crocodile performance

CANADA-based Crocodile Gold has more than doubled its net loss for 2013, with a lower yellow metal price hurting its performance.

Andrew Duffy
Lower gold price hits Crocodile performance

The company posted a net loss of $US92.8 million ($A102.7 million) for the year ending December, up from a $40.2 million loss in 2012. Revenue rose 17.5% to $300.7 million, with gold ounces produced...

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