Oracle Coalfields narrows annual losses

Oracle Coalfields narrowed its annual losses as the company made progress on its lignite mineral property in the south-eastern desert of Sindh Province, Pakistan.

Oracle Coalfields narrowed its annual losses as the company made progress on its lignite mineral property in the south-eastern desert of Sindh Province, Pakistan.

The coal explorer reported an operational loss of £0.75m for the year ended December 31st 2012, down from £0.95m a year earlier.

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