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Kibo Mining Loss Widens

30th Sep 2013 08:52

LONDON (Alliance News) - Tanzanian metals explorer Kibo Mining PLC Monday reported a net loss of GBP689,710 for the first half of the year, compared with GBP243,038 a year earlier and administrative costs increased and it spent money on exploration.

The company isn't currently earning any revenues.

Kibo shares were up 1.4% at 5.195 pence Monday morning.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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