Dundee Corporation Makes Continued Progress on Cost-Reduction Efforts and Reports First Quarter 2023 Results
TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended March 31, 2023.
- TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended March 31, 2023.
- Reported net loss from total portfolio investments for the first quarter of 2023 of $7.5 million (2022 – earnings of $46.6 million).
- Share of loss from equity accounted mining investments during the first quarter of 2023 was $1.0 million (2022 – $nil).
- Dundee reported a net loss from mining operations of $1.3 million (2022 – $0.7 million) during the three months ended March 31, 2023.