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San Dimas gold-silver mine lifts Primero Mining adj profit nearly twelve-fold

By · May 4, 2012 · 8:17 am · Leave a Comment

 

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Primero Mining Corp’s first-quarter adjusted profit jumped nearly twelve-fold on higher production at its San Dimas gold-silver mine in Mexico, and said it expects to make a mill expansion decision in the third quarter.

Net profit was $18.6 million, or 21 cents per share, compared with a net loss of $7.9 million, or 9 cents per share, a year earlier.

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