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Advertisement

 
NZ: Gold explorer loses $1.9m
 
Wellington-based Glass Earth Gold reported a net full year loss of C$1.33 million ($1.9 million), saying it is stepping closer to gold production. The result compared with a loss of C$2.69 million in 2007.

Glass Earth, whose shares trade in Canada and New Zealand, said spent C$5.4 million on exploration last year.

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