Sable Mining Africa Limited announced unaudited consolidated earnings results for the six months ended September 30, 2014. For the period, loss attributable to owners of parent company was $3,146,000 or 0.3 cents basic and diluted loss per share against loss attributable to owners of parent company of $16,789,000 or 0.8 cents basic and diluted loss per share of prior year period. Operating loss was $3,556,000 against $8,626,000 of prior year period.

Net finance income was $344,000 against $49,000 for the prior year period. Loss before taxation was $3,318,000 against $8,645,000 of prior year period. Loss for the period from continuing operations was $3,320,000 against $8,645,000 of prior year period.

Net cash used in operating activities was $2,472,000 against $4,214,000 of prior year period. Purchase of intangible assets was $5,345,000 against $6,193,000 of prior year period. Purchase of property, plant and equipment was $260,000 against $1,000 of prior year period.