Operational issues and lower production at both its African gold mines negatively impacted on TSX- and Aim-listed Avesoro Resources’ financial performance in the third quarter ended September 30, pushing the miner into a loss.
It reported a loss before interest, taxes, depreciation and amortisation loss of $4.7-million for the quarter under review, compared with earnings before interest, taxes, depreciation and amortisation of $2.1-million in the second quarter of the year.