Zimbabwe: Falgold's Loss Widens

19 September 2019

Troubled gold producer, Falcon Gold Zimbabwe Limited (Falgold) widened its loss for the half year to March 31, 2019 to $27,2 million from $1,6 million during the same period last year as production marginally fell.

According to Falgold, the increase in comprehensive loss was mainly a result of exchange rate losses amounting to $23,9 million.

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