Phoenix Copper Limited announced consolidated earnings results for the second quarter and six months ended December 31, 2012. For the period, the company reported net operating cash out flows of AUD 613,000. Payments for exploration and evolution were AUD 487,000.

For the six months, the company reported net operating cash outflows of AUD 786,000. Payments for exploration and evolution were AUD 928,000.

The company announced estimated cash outflows for the third quarter of 2013. For the quarter, the company expects exploration and evolution expenditure of AUD 400,000 and total estimated cash outflows of AUD 700,000.