Losses creep higher at Greatland Gold

18th Mar 2014 14:49

Tasmania and Western Australia developer Greatland Gold reported an increased operating loss for the first six months of its financial year. In the period to December 31st losses increased from £0.19m to £0.23m, with losses per share shrinking slightly to 0.04p from 0.06p.AIM-listed Greatland Gold said it had continued to make progress, conducting encouraging exploration work across its assets, aided by two successful capital raises.The shares fell 5% to 0.46p just before close on Tuesday. OH