Tower Resources losses deepen on Zambia impairment charge

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.

Tower Resources booked a deeper annual loss after it wrote down the value of its exploration licences in Zambia.

Pre-tax losses for the year through December amounted to $3.8m, compared to losses of $1.6m on-year.

Losses before impairment charges amounted to $1.0m, compared to losses of $1.6m on-year.

At 8:15am: (LON:TRP) Tower Resources PLC share price was -0.05p at 0.83p