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Insider UK
Insider UK
Business
Peter A Walker

YOU WONT BELIEVE: Scotgold seeks loans to increase mine efficiency - What They Never Told You

Scotgold Resources has outlined various optimisation initiatives, for which the gold and silver mine is in discussions with debt providers to help fast-tack implementation.

The company's interim results for the six months ended 31 December 2021 revealed total revenues of £3.6m during the period, although losses before tax were rose to £3.03m, from £1.6m during the same period last year.

Cash at the end of the year stood at £551,000 - down from £1.48m at the the end of June last year.

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