Independence flags half-year loss

WEAKER commodity prices and operational issues at its Jaguar and Bentley copper-zinc mines are expected to result in Independence Group reporting a net loss for the half–year period, prior to taking into account potential for asset impairment.

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In an update of operations, Independence said it had been impacted by recent falls and continuing volatility of global commodity prices. The company reported an unaudited net loss after tax of $A8.

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