November 9, 2012 in Business

Revett Minerals Inc.

Copper and silver mining
Stock symbol: RVM
Reporting period:

3Q 2012


$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.

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