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Local News - Local News - May 24, 2012 |
By Treva Lind
Of the Journal of Business
Spokane Valley-based mining company Revett Minerals Inc. has reported net income of $3.7 million, or 10 cents a diluted share, for the first quarter, up sharply from a net loss of $2.8 million, or 12 cents a share, in the year-earlier period.
The company says its total revenue for the quarter increased by nearly 50 percent to $19.2 million, compared with $12.8 million in the 2011 first quarter. It attributes the increases mostly to higher metal production at its Troy Mine, near Tro...
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The company says its total revenue for the quarter increased by nearly 50 percent to $19.2 million, compared with $12.8 million in the 2011 first quarter. It attributes the increases mostly to higher metal production at its Troy Mine, near Tro...
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