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nh ceramics ltd (NHC) Details

BlackGold Natural Resources Limited, through its subsidiaries, operates as a coal exploration and mining company in Indonesia. It holds interests in the PT SB that covers 15,000 hectares located in Riau province, Sumatra; the PT AAM concession, an exploration concession covering an area of 19,840 hectares in Riau province; and the PT APA concession, an exploration concession, which covers an area of 14,070 hectares located in Riau province. BlackGold Natural Resources Limited is based in Singapore.

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nh ceramics ltd (NHC) Key Developments

BlackGold Natural Resources Limited Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended June 30, 2015

BlackGold Natural Resources Limited reported consolidated unaudited earnings results for the third quarter and nine months ended June 30, 2015. For the quarter, the company reported interest income from time deposit and current account was $2,468 compared with $3,593 for the same period last year. Loss before tax was $1,406,758 compared with $307,886 for the same period last year. Net loss attributable to equity holders of the company was $1,401,408 compared with $301,956 for the same period last year. The group recorded net cash used in operating activities of $2.4 million for third quarter of 2015 which was a result of operating losses before changes in working capital of approximately $1 million, adjusted for net working capital outflows of approximately $1 million. For the nine months, the company reported interest income from time deposit and current account was $7,451 compared with $7,718 for the same period last year. Loss before tax was $27,440,215 compared with $456,493 for the same period last year. Net loss attributable to equity holders of the company were $27,433,149 or 7.07 cents diluted per share compared with $449,817 for the same period last year. Net cash used in operating activities was $2,413,670 compared with $159,905 for the same period last year. Purchase of plant and equipment was $4,247. Interest income from time deposit and current account decline was mainly due to lower time deposit balances as at June 30, 2015.

BlackGold Natural Resources Limited Announces the Resignation of Adi Sumanto Merto Dimejo as Head of Infrastructure and Facilities, Effective May 19, 2015

BlackGold Natural Resources Limited announced that Adi Sumanto Merto Dimejo has tendered his resignation as Head of Infrastructure and Facilities due to health reasons. Mr. Sumanto was responsible for designing, managing and executing the mining and insfrastructure plans of the company. Effective May 19, 2015.

BlackGold Natural Resources Limited Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2015

BlackGold Natural Resources Limited announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2015. For the quarter, the company reported interest income from time deposit and current account of $2,497 compared to $1,663 a year ago. Loss before tax was $25,956,942 compared to $42,115 a year ago. Net loss attributable to equity holders of the company was $25,955,987 compared to $41,731 a year ago. Net cash used in operating activities was $835,284 compared to $46,078 a year ago. Exploration and evaluation expenditures were $6,051,820 compared to $272,846 a year ago. For the six months, the company reported interest income from time deposit and current account of $4,985 compared to $4,125 a year ago. Loss before tax was $26,033,455 compared to $148,608 a year ago. Net loss attributable to equity holders of the company was $26,031,740 compared to $147,861 a year ago. Net cash used in operating activities was $758,520 compared to $831,493 a year ago. Exploration and evaluation expenditures were $6,227,921 compared to $450,700 a year ago. Purchase of plant and equipment was $1,658. Basic and diluted LPS was 13.9 cents.

 

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