Savannah reports £1.01m H1 operating loss amid high tempo exploration activity
Published: Wednesday, 30 September 2015
The junior explorer, which holds a Mozambique mineral sands site, was upbeat about progress being made across its projects despite predictions that it may face tough financial decisions going forward.
Diversified AIM-listed miner Savannah
Resources Plc reported an operating loss of £1.01m
($1.53m*) and a net loss of £1.6m ($2.43m) for the first
sixth months of 2015.
The company, which holds the Jangamo heavy mineral sands
(HMS) project in Mozambique as well as a copper and gold...