Doray warns of impairments

February 21, 2017

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Gold miner Doray Minerals has warned of a non-cash impairment of between A$40-million and A$45-million for the half-year ending December.

The miner told shareholders on Wednesday that the impairment at the Andy Well gold mine, in Western Australia, resulted from reduced production levels and mine life in the current mine plan, which extended until the end of June 2018.

Category: General