CAPITAL MARKETS

Wiluna delivers half-year loss

WESTERN Australia-focused gold producer Wiluna Mining Corporation has just delivered a loss for the December half, but after a big spending period developing its namesake project it is hoping to reap the benefits of elevated metal prices.

 WMC is hoping to reap the benefits of its investments in 2022

WMC is hoping to reap the benefits of its investments in 2022

While the miner delivered a small gross profit of A$3.5 million, after spending some $91 million to develop its critical stage one sulphide plant, its accounts plunged into the red with a $16.3 million...

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