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28 Sep
02:14

CuFe reports lower net loss for full year

Australian miner CuFe has reported a net loss for the year of AUD 160,000 ($102,968) as compared to a net loss of AUD 2.51 million in FY2021, Kallanish notes. This was after exploration costs of AUD 1.15m, and non-cash items of AUD 3.33m comprising amortisation, depreciation and share-based payments. Its total iron ore mined for the year stood at 697,248 wet million tonnes (wmt) while total ore shipped amounted 330,747 wmt. “It has been a productive…
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