Avocet Mining plc announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported loss from operations was USD 16,132,000 as compared to USD 2,318,000 for the same period last year. Loss before taxation was USD 18,511,000 as compared to USD 4,411,000 for the same period last year. Loss for the year from continuing operations was USD 18,511,000 as compared to USD 4,645,000 for the same period last year. Loss for the year was USD 25,935,000 compared to profit for the year of USD 4,795,000 for the same period last year. Loss for the period attributable to equity shareholders of the parent company was USD 25,311,000 as compared to profit for the period attributable to equity shareholders of the parent company of USD 3,623,000 for the same period last year. Basic and diluted loss per share from continuing operations was 88.54 cents as compared to 22.22 cents for the same period last year. Net cash used by operating activities was USD 7,207,000 as compared to net cash generated by operating activities of USD 13,290,000 for the same period last year. Adjusted LBITDA was USD 1,367,000 compared to USD 843,000 for the same period last year.