BC Iron reports narrowed losses in H1

February 24, 2016

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Embattled iron-ore miner BC Iron has narrowed its underlying net loss after tax from the A$18.4-millionn reported in the six months ending 2014, to A$3.8-million, despite the significant decline in iron-ore prices.

The Nullagine joint venture (JV), in the Pilbara, sold 2.27-million tonnes in the six months under review, which was only slightly below the 2.33-million tonnes sold in the previous corresponding period.

Category: General