Anaconda Mining Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2012; Reports Operations Results for the Second Quarter Ended November 30, 2012
For the six months, the company generated net income of $126,032 and $1,638,880 or $0.00 and $0.01 per basic and fully diluted share, respectively. Earnings before interest, taxes, depreciation, amortization and non-cash share-based compensation were $3,256,657. The company generated $12,255,862 in revenue. Purchase of property, mill and equipment was $916,042.
For the quarter, the company reported ore production of 61,172 tonnes against 46,276 tonnes a year ago. Waste production was 494,856 tonnes against 178,271 tonnes a year ago. Total production was 556,028 tonnes against 224,547 tonnes a year ago.