Copper Mountain back in black in 2012
Mar 18, 2013 | 01:09 PM
| Suzy Waite
Tags
Copper Mountain Mining,
Jim O'Rourke,
copper,
copper production,
Suzy Waite
NEW YORK — Copper Mountain Mining Corp.’s full-year net income jumped in 2012 vs. a year earlier due to higher copper output.
The Vancouver, British Columbia-based company posted net income of Canadian $27.4 million ($26.8 million) in 2012 vs. a C$14.7-million net loss in 2011, as copper output more than doubled to 56.6 million pounds from 22.1 million pounds. Full-year revenue more than tripled to C$229.5 million ($224.5 million) from C$66.5 million in 2011 as the company completed 13....
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