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Doray profit slips on exploration

GOLD producer Doray Minerals has reported a fall in net profit before tax of $A17.5 million for the 2016 financial year after a series of one-off non-cash exploration write-offs.

Andrew Hobbs
Doray profit slips on exploration

The company, which generated a net profit before tax of $24.8 million in 2015, said it had enjoyed strong production from its Andy Well project, while funding and building its second high-grade gold mine...

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