Bushveld Minerals’ half-year loss narrows on lower administrative expenses

By Liz Gyekye
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...

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