London Mining Network

Holding the mining industry to account

GCM swings to loss, stands by Bangladeshi project

Posted on | September 25, 2009 | Comments Off

GCM Resources Plc (GCM.L) swung to a full-year pretax loss and said it remained fully committed to the Phulbari Coal project in Bangladesh and that it had cash of 1.4 million pounds as at end-June.

See http://www.reuters.com/article/rbssEnergyNews/idUSBNG54445120090924.

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