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Catalpa posts maiden $3M profit

GOLD miner Catalpa Resources has delivered a maiden $A3 million profit before tax for the six months ended December, reversing a $3.8 million loss from the corresponding period in 2009.

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Catalpa posts maiden $3M profit

The result reflected production from its Edna May mine in Western Australia and its share of output from the Cracow operation in Queensland, which came in at a collective 46,082 ounces with sales of 46,600oz...

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