Nicaragua-focused Condor Gold (LON:CNR) saw losses narrow in the first three months of the year as administrative expenses almost halved in relation to the same period in 2018. The miner logged a pre-tax loss for the period of £352,553, compared to a £602,678 loss a year before. This was almost entirely due to lower administrative expenses, which shrank to £352,989 from £602,915. In the quarter, the company began the permitting process for two satellite feeder pits for its flagship La India gold project, which could increase open pit production by 50% to 120,000 ounces of gold annually during a seven-year mine life. ... (full story)