Doray profit surges as Andy Well shines

March 15, 2016

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Gold miner Doray Minerals on Tuesday announced a 263% increase in net profit after tax for the six months to December, compared with the previous corresponding period, as both gold production and revenue increased.

Doray reported a net profit after tax of A$14.5-million, compared with the A$4-million reported in the previous, as production from the Andy Well mine, in the Murchison region of Western Australia, increased by 20% over the same period, to 47 197 oz.

Category: General