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IN BRIEF: Thor Mining Loss Stretched By "Very Active Year"

Mon, 14th Sep 2020 14:40

Thor Mining PLC - vanadium and gold miner in US and Australia - Pretax loss in year ended June 30 widens to GBP922,000 from GBP735,000. Administrative expenses up 35% to GBP123,000 and corporate expenses rise 10% to GBP663,000. "The preliminary statements summarise a very active year for the company in terms of advancement of existing projects and investigation of new projects as we observe a rise in demand for, and price recovery of, a range of minerals and metals," Executive Chair Mick Billing says.

Current stock price: 0.60 pence

Year-to-date change: up 40%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

17 Oct 2019 18:16

Thor Mining Confirms Plans For Equity Fundraise As Share Price Falls

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14 Oct 2019 10:12

Thor Mining Starts Second Drilling Programme On Bonya Tungsten Project

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10 Oct 2019 10:16

New Thor Mining Molyhil Estimate Shows Higher Tungsten And Molybdenum

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1 Oct 2019 15:45

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27 Aug 2019 10:39

Thor Mining Appoints Executive Of Investor Metal Tiger To Board

(Alliance News) - Thor Mining PLC said Tuesday it added Metal Tiger PLC Chief Investment Officer Mark Potter as non-executive director with immediate effect.Metal Tiger holds a 12% stake in

19 Aug 2019 10:46

Thor Mining Reports High Grade Lithium Results At Big Sandy In US

(Alliance News) - Thor Mining PLC on Monday said it has secured positive drilling results at the Big Sandy lithium-clay deposit in Arizona, US, by Hawkstone Mining Ltd.Hawkstone, the 100% 2

15 Aug 2019 15:00

Thor Mining upbeat on data from investee EnviroCopper

(Sharecast News) - Thor Mining announced an initial mineral resource estimate containing 114,000 tonnes of copper, considered amenable to in situ recovery techniques, from its investee company EnviroCopper on Thursday.

15 Aug 2019 10:32

WINNERS & LOSERS SUMMARY: Plus500 Rises As Leadership Snaps Up Shares

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15 Aug 2019 09:48

Thor Reports "Substantial" Resource Estimate For Moonta Project

(Alliance News) - Thor Mining PLC on Thursday reported a "substantial" initial copper resource estimate of 114,000 tonnes for the Moonta project located in South Australia.Thor is

14 Aug 2019 14:51

Thor Mining wins R&D grant from Australian government

(Sharecast News) - Thor Mining announced the receipt of AUD 222,512.51 (£124,333.32) on Wednesday, by way of a research grant from the Australian Government's Department of Industry, Innovation and Science.

14 Aug 2019 11:45

Thor Mining Gets Over AUD200,000 Grant To Cover Exploration Costs

(Alliance News) - Thor Mining PLC on Wednesday said it has secured AUD222,513, about GBP124,340, by way of a research grant from the Australian Department of Industry, Innovation & exploration

12 Aug 2019 12:30

Thor Mining Confirms High-Grade Mineralisation At Molyhil Deposit

(Alliance News) - Thor Mining PLC on Monday said it has secured further positive assay results from the second metallurgical bulk sample drill hole at its wholly owned Molyhil tungsten molybdenum

5 Aug 2019 14:53

Thor Responds To ASX Query On Funding Plans Going Forward

(Alliance News) - Thor Mining PLC on Monday confirmed its plans to continue operations, saying it possesses enough funding for the next two financial quarters at least.Shares in Thor were a

23 Jul 2019 14:23

Thor Mining Investee Hawkstone Gets Good Results From Big Sandy

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3 Jul 2019 11:34

Thor Mining Unveils Plans For Jervois Vanadium Project

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