Sable Mining Africa Ltd. reported consolidated earnings results for the year ended 31 March 2015. Operating loss was $12,591,000 compared to $40,097,000 a year ago. Loss before taxation was $11,237,000 compared to $39,619,000 a year ago.

Loss for the year from continuing operations was $11,237,000 or 0.9 cents per basic and diluted share compared to $39,619,000 or 3.8 cents per basic and diluted share a year ago. Loss for the year attributable to owners of the parent company was $10,339,000 or 0.9 cents per basic and diluted share compared to $47,827,000 or 4.8 cents per basic and diluted share a year ago. Net cash used in operating activities was $5,558,000 compared to $10,568,000 a year ago.

Purchase of intangible assets arising from exploration and evaluation of mineral resources was $7,791,000 compared to $11,130,000 a year ago. Purchase of property, plant and equipment was $264,000.