Pacific Rim loss narrows on lower expenses for dispute with El Salvador
Canadian gold miner Pacific Rim Mining posted a narrower second-quarter loss, primarily helped by lower expenses.
For the August-October quarter, the company reported a net loss of $695,100.
Pacific Rim, whose El Salvador project is mired in a costly dispute with the government over delays in issuing permits, said expenses associated with its defense fell to C$100,000 from C$600,000 last year.
Original source: Reuters