First-half losses at Conroy Gold narrow 3%

First-half losses at the Dublin- based firm hoping to develop Ireland’s first commercial gold mine have narrowed by 3%.

Conroy Gold and& Natural Resources yesterday reported a pre-tax loss of €197,683 for the six months to the end of last November, down from the €203,752 generated during the same period in 2011.

The company’s net assets — as of the end of November — were measured at just over €12.5m; slightly up on the €12.38m figure noted a year earlier.