CAPITAL MARKETS

Troy asset sales bring loss

GUYANA-focused gold developer Troy Resources has made a net loss after tax of $A93.7 million for the 2016 financial year following its sale of operations in Argentina and Brazil.

Andrew Hobbs
Troy asset sales bring loss

The loss includes cumulative translation differences of $87.4 million relating to the sale of a 51% stake in its Caposo project to Austral Gold, and the closure and winding up of operations at Adorinhas,...

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