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Norseman Gold (LSE:NGL) Allowance For Loans And Lease Losses


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What is Norseman Gold Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Norseman Gold (LSE:NGL) Business Description

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Norseman Gold PLC is engaged in the production, exploration, evaluation and development of mineral resources. It is involved in the operation of Central Norseman Gold Corporation Ltd (the Norseman Project). The Norseman Project is located adjacent to the Norseman township, approximately 725 kilometres east of Perth, Western Australia. Current operations source ore from the Bullen underground mine and the Harlequin underground mine using underground mining methods of airleg up dip room and pillar stoping and long-hole stoping.