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Phoenix Copper posts loss as it progress Idaho mine

StockMarketWire.com

Mining company Phoenix Copper posted a full-year loss as it continued to develop its Empire prospect in Idaho.

Pre-tax losses for the year through December amounted to $0.97 million, compared to losses of $1.3 million year-on-year.

Phoenix Copper is targeting production at the Empire open-pit project to begin at the end of next year.

At 9:46am: (LON:PXC) share price was 0p at 40p


Story provided by StockMarketWire.com