Ferrex looking at acquisition opportunities

Ferrex said it made 'significant' operational progress in the first six months of its financial year as it continues to build its position as a low-capex iron ore and manganese exploration and development company in Africa.

Ferrex said it made 'significant' operational progress in the first six months of its financial year as it continues to build its position as a low-capex iron ore and manganese exploration and development company in Africa.

The pre-tax loss in the half year ended March 31st 2012 widened to £762,000 from £245,000 in the same period the year before.

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