10:24 AM EDT, 03/28/2019 (MT Newswires) -- RNC Minerals (RNX.TO) reported an FY 2018 net loss of $8.4 million, $(0.02) per diluted share, compared to a net loss of $91 million or $(0.31) per diluted share for FY 2017.

2018 revenue was $128 million, versus 2017's revenue of $73 million.

Gold mined production for the 2018 year totaled 73,801 ounces compared to 37,027 ounces in 2017, which was an annual gold mined production record for Beta Hunt, RNC said. The gold mined grade for 2018 was 4.48 g/t, an increase of 106% over the mined grade of 2.17 g/t for 2017.

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