Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Richland Resources booked a first-half loss and said it expected to 'shortly' complete an agreed sale of its Capricorn Saphhire mine in Australia, its sole material asset.
Pre-tax profit from continuing operations for the six months through June amounted to $0.22m, compared to a profit of $0.13m on-year.
Net losses, including losses from discontinued operations, amounted to $.0.39m, compared to a loss of $0.78m on-year.
On 27 June, the company announced it had agreed to sell the mine to Fura Gems.
At 9:34am: (LON:RLD) Richland Resources share price was -0.01p at 0.05p