Revett Minerals Inc.
Copper and silver mining
Stock symbol: RVM |
Reporting period:
3Q 2012 |
Earnings:
$4.4 million 13 cents per share
Versus 3Q 2011: $2.9 million 8 cents per share |
Revenue: $19.4 million, compared to $16.7 million in 3Q 2011 |
Analysis: Higher revenues for the quarter were due primarily to higher silver and copper sales. Labor, freight, fuel, treatment and refining costs were up this year, as were exploration and development costs due to increased emphasis on exploration in and around the Troy Mine and costs related to ongoing environmental impact work for the Rock Creek site. |