China Nonferrous Gold posts a pre-tax loss of $3.4m for the six months to the end of June compared with $1.2m last time.
he amount incurred by the Company on development and construction work during the first six months of 2016 was US$39,587,000 (30 June 2015: US$29,673,000). Administration expenditure was US$2,820,560 (30 June 2015: US$1,277,000).
The overall loss incurred by the Company was US$3,400,000(30 June 2015: US$1,203,000). Total cash equivalents at the end of the period amounted to US$109,020,000 (30 June 2015: US$13,218,000).