Scotgold Resources has reported a loss before taxation of A$9.5m during the first half of this financial year - up from A$5.3m during the same period in 2022.
However, Scotland’s first commercial gold producer did also see total revenues rise from A$6.4m to A$9.5m during the period.
Its interim results for the six months ended 31 December 2022 also revealed a reduction in cash reserves at that date, from A$168,000 at 30 June 2022 to A$67,000 at the end of last year.
