CAPITAL MARKETS

Big quarter for LionOre

LIONORE Mining has reported record revenue of US$72.1 million during the second quarter of 2003, dwarfing the US$10.4 million it generated in the corresponding period 12 months earlier.

Brad Ricks
Big quarter for LionOre

Income increased to US$11.1 million (compared to a previous loss of US$600,000), with LionOre president and chief executive Colin Steyn saying the strong results were a result of exceeding production expectations...

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