Bushveld Minerals’ half-year loss narrows on lower administrative expenses
Published: Tuesday, 01 December 2015
The South Africa-based mineral explorer is bucking the trend of many of its junior counterparts by narrowing its pre-tax loss for the six months ended 31 August 2015. The news comes as the company pushes forward with its Mokopane vanadium project in South Africa.
AIM-listed Bushveld Minerals Ltd has
reported a narrowed loss to £864,439 (£1,304,438*)
for the first half of its financial year, compared to the same
period last year, as a fall in administrative expenses more
than offset lower investment income.
The junior is currently not producing and does...