Millennium tallies maiden half-year profit

MILLENNIUM Minerals has delivered a maiden half-year profit, citing an ongoing focus on operational cost-cutting at its Nullagine gold mine in Western Australia.

Millennium tallies maiden half-year profit Millennium tallies maiden half-year profit Millennium tallies maiden half-year profit Millennium tallies maiden half-year profit Millennium tallies maiden half-year profit

The unaudited, after-tax profit for the six months ending in June came to $A34.2 million, including an unrealised derivative gain of $21.2 million related to the company’s hedge book.

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