Revett Minerals reports loss as Troy Mine remains shut

May 09, 2013 | 02:59 PM |

Tags  Revett Minerals, copper, silver, Troy Mine, quarterly loss

NEW YORK — Revett Minerals Inc. posted a first-quarter loss due to the ongoing suspension of mining operations at its Troy copper-silver mine in northwestern Montana.

Revett’s net loss totaled $4.1 million for the quarter in contrast to net income of $3.7 million in the same year-ago period, on revenue that plunged nearly 99 percent to $200,000 from $19.2....

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