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Impairment losses drag down Swick results

DESPITE higher revenues of $A99.5 million, impairment losses and taxes have caused drilling outfi...

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Impairment losses drag down Swick results

Impairment losses for the 12-month period reached $13.6 million, relating mainly to the rationalisation of under-utilised assets, with $3.4 million spent on income tax. Excluding the impairment losses,...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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