CAPITAL MARKETS

Norton flags loss

NORTON Gold Fields expects to post a $A28 million net loss after tax for the second half of 2012 due to the impact of operational issues, a write-down and one-off costs relating to Zijin Mining Group’s takeover of the gold producer.

Lauren Barrett
Norton flags loss

Norton, which was subject to a friendly $29.4 million takeover from Zijin last year, had posted a $5.9 million net income after tax for the six months ended December 31, 2011. Norton managing director...

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