BRIEF-Metanor Resources qtrly net loss of $2 mln

Mon May 30, 2016 4:40pm EDT
 
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May 30 (Reuters) - Metanor Resources Inc :

* Metanor reports its financial and operational results for the quarter ended March 31st, 2016

* "in coming months, production from Hewfran sector will continue to increase"

* Qtrly gold sales of 8,730 ounces from gold production of 9,114 ounces

* Total of $11.9 million in revenues from gold sales in quarter

* Qtrly net loss and comprehensive loss of $2 million after depreciation and depletion of $3 million

Source text for Eikon:

Further company coverage: (Bengaluru Newsroom)