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BRIEF-Independence Group NL posts Q3 underlying EBITDA of A$28.7 million

Published 28/04/2016, 09:02 am
© Reuters.  BRIEF-Independence Group NL posts Q3 underlying EBITDA of A$28.7 million
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April 27 (Reuters) - Independence Group NL IGO.AX :

* Says Q3 underlying EBITDA $28.7M versus $29.3M

* Q3 total revenue $88.5 million

* Says during the quarter, the company initiated diesel hedging in order to

benefit from historically low oil prices

* Project development and construction activities remain on track for

commissioning in late 2016

* Says "narrowed guidance for sustaining capex, development capex and

exploration expenditure at jaguar"

* Lower copper guidance will negatively impact cash cost guidance

* Source text for Eikon ID:nASXFJ0Rs

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