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Lower grades hit Angas bottom line

TERRAMIN Australia has posted lower earnings at its Angas zinc mine for the half-year ended June 30, 2011, due to its accessing lower grade ore during the period.

MiningNews.Net
Lower grades hit Angas bottom line

Earnings before interest, tax and depreciation were down $A6 million from the previous corresponding half-year to about $6 million, while revenues were down from $27.5 million to $26 million. Terramin...

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