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Avesoro propelled back into black

EBITDA reaches positive territory after years of struggle

Alex Hamer
Liberiated from the red: New Liberty is on track to make Avesoro some money

Liberiated from the red: New Liberty is on track to make Avesoro some money

Avesoro recorded EBITDA of US$17.3 million in the 2017 calendar year, compared with a loss of $88.1 million in 2016. Revenue was boosted by higher gold prices and a 53% increase in production at the...

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