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Magellan Mine yields $1.04-million profit for Ivernia in fourth quarter.

Publication: American Metal Market
Publication Date: 06-APR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Magellan Mine yields $1.04-million profit for Ivernia in fourth quarter.(Nonferrous)(Brief article)

Article Excerpt
NEW YORK -- Ivernia Inc. posted net income of $1.04 million on revenue of $14.7 million in the fourth quarter thanks in large part to the sale of 14,900 tonnes of lead concentrate from its Magellan Mine in Australia.

The Toronto-based company posted a net loss of $646,000 for...

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