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Sunrise cautious amid funding constraints

17th May 2013

MINING business Sunrise Resources has reported an interim pre-tax loss of £749,000.The Macclesfield-based company, which has been mining various sites in Canada, Finland, Ireland and Australia, reported a similar figure last year.In its report for the six months to March it said it was taking a cautious approach to expenditure as the equity markets have "remained challenging for junior exploration and mining companies"."Equity funding has only been available at deep discounts to already depressed share prices," said the comp......for the full story register now for free or login below...

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