10:05 AM EST - Northgate Minerals Corp. : announced second quarter net earnings of US$1.085 million or US$0.00 per share compared to net earnings of US$8.647 million or US$0.03 per share last year. The company noted that net earnings were lower than they are expected to be in future quarters due to the low gold output from the recently acquired Australian operations. On average six analysts polled by First Call/Thomson Financial expected the company to earn US$0.07 per share. Northgate Minerals Corp.
shares T.NGX are trading off 8 cents at $2.28.
