Alacer books impairment

ALACER Gold Corporation has recognised a non-cash impairment loss of $US412 million ($A454.6 million) for the second quarter due to its decision to offload its Australian assets, together with a lower gold price environment.

Alacer books impairment Alacer books impairment Alacer books impairment Alacer books impairment Alacer books impairment

In its Q2 financial results, Alacer revealed the charge resulted from the re-measurement of Australian assets to fair value less costs to sell.