Condor Gold raises £2.5 million as 2017 loss narrows
The Nicaragua-focused miner has not generated any revenue in the past two years, but narrowed pre-tax loss to £3 million in 2017 from £7.7 million a year earlier.
First Quantum subsidiary Minera Panama’s $6.4 billion Cobre Panama copper-gold-silver mine is located next to Petaquilla’s Molejon gold mine, which has triggered lengthy disputes in the past.
Silver is called the devil's metal, because of its wild price swings. Volatility fell to a decade low in April - historically a trigger for a huge rally.
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