West African Minerals posts first half loss

Mining investor West African Minerals Corporation (WAMC) fell further into the red in the first half of the year but is putting its faith in iron ore exploration in its chosen region.

Mining investor West African Minerals Corporation (WAMC) fell further into the red in the first half of the year but is putting its faith in iron ore exploration in its chosen region.

The firm posted a net loss for the six months to the end of September of £1.28m, compared to a loss if £896,884 the year before.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.