April 28, 2010 in Business

Spokane-based mining firm posts a loss

By The Spokesman-Review
 

Mines Management Inc., a company working to develop a copper-silver mine in Montana, reported a net loss of $9.4 million last year.

The results, released this week, compared to a net loss of $10.8 million in 2008.

The Spokane-based company submitted the Montanore mine’s draft environmental impact statement to the U.S. Forest Service last year. Officials said exploration drilling continues at the proposed mine site in northwest Montana. They’re also working on the project’s financing.

Get stories like this in a free daily email


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus