Noranda posts C$50 million quarterly loss

CANADIAN base metals group Noranda has reported a consecutive quarterly loss of C$50 million for the three months to December 31 before taking into account $623 million in previously announced writedowns.

Noranda posts C$50 million quarterly loss Noranda posts C$50 million quarterly loss Noranda posts C$50 million quarterly loss Noranda posts C$50 million quarterly loss Noranda posts C$50 million quarterly loss

However, the loss was an improvement from the same period a year ago, when an $84 million loss was recorded.

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