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Agincourt posts $10.7m first-half loss

PERTH-based gold miner and Oxiana takeover target Agincourt Resources has posted a consolidated loss after tax of $10.7 million for the half year ended December 31, a 476% blowout of the previous year’s loss of $1.9 million.

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Agincourt posts $10.7m first-half loss

In its report, the company said that during the half-year 48,024 ounces of gold were poured by treating 525,844 tonnes of ore at an average grade of 3.16 grams per tonne and a recovery rate of 84%. ...

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