CAPITAL MARKETS

Stronger Kingsrose locks in profit

KINGSROSE Mining has returned to profitability with its Indonesian mining operations, managing to triple revenue, swinging to a profit that, while still fairly slim, was a considerably better result than its A$13 million loss for the half to December 2016.

 The portal at Way Linggo

The portal at Way Linggo

The six-month period marked the end of a period of administration and the re-emergence of a recapitalised company in July. The administrations had managed to return the operations to profitability in...

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