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African explorer posts loss

SUCCESSFUL exploration efforts are still some time off generating an income for FAR, which plunged further into the red for the first six months of the year, but it posted a significant boost in the value of its African assets as a result of its big spending.

Haydn Black
African explorer posts loss

FAR's half-year results show its loss deepened from $11 million to $22.35 million for the period to June 20, principally due to higher exploration expenses of $17.1 million and higher foreign exchange...

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