AfriTin Mining booked a pre-tax loss of £432k for the six months through August.
The company was reporting its first set of consolidated interim accounts since it was incorporated on 1 September 2017, so it didn't provide comparative figures.
'During the first half of this financial year, AfriTin has achieved a number of important milestones in line with the stated objectives in our November 2017 admission document,' the company said.
'We continue to look towards the ultimate goal of first material through the pilot plant by the end of 2018.'
At 2:50pm: (LON:ATM) Afritin Mining Limited Ord Npv share price was -0.15p at 3.35p