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Namibia tin producer’s gross profit up fourfold on 80% revenue surge

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Namibia tin producer Andrada Mining on Wednesday, October 21, reported a quadrupled-plus gross profit and an 80% revenue surge.

Supporting this high performance in the six months ended August 31 was a 13% increase in tin production and an effective 57% tin price increase to $52 131/t.

Revenue of this London Aim-listed Namibia-focused company rose to…

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