Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Mining group Savannah Resource posted a deeper annual loss as it continued to develop its Mina do Barroso lithium project in Portugal and sold its Oman interests.
Pre-tax losses for the year through December amounted to £8.3 million, compared to year-on-year losses of £3.8 million, and included a £5.4 million loss on the discontinued Oman operations.
Cash at year end was £2 million.
A public consultation on the environmental impact assessment for Mina do Barroso was initiated in April.
The key milestone of a 'declaration of environmental impact' was expected later this year, the company said.