Sable Mining Africa Ltd. reported unaudited consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported operating loss of $2,002,000 compared to $3,556,000 a year ago. Loss before taxation was $1,274,000 compared to $3,318,000 a year ago.

Loss for the period from continuing operations was $1,274,000 or 0.1 cents per basic and diluted share compared to $3,320,000 or 0.3 cents per basic and diluted share a year ago. Loss for the period attributable to owners of the parent company was $8,891,000 or 0.8 cents per basic and diluted share compared to $3,146,000 or 0.3 cents per basic and diluted share a year ago. Net cash used in operating activities was $1,927,000 compared to $2,472,000 a year ago.

Purchase of intangible assets was $1,597,000 compared to $5,345,000 a year ago.