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Noranda Income Fund: 2012 Q2 Net Earnings Increases to $7.3 Million
Jul. 24, 2012 05:42PM PST
Base Metals Investing Noranda Income Fund (TSX:NIF.UN) reported that its 2012 second-quarter net earnings increased to $7.3 million due to higher zinc premiums, acid sales and lower finance costs.
Noranda Income Fund (TSX:NIF.UN) reported that its 2012 second-quarter net earnings increased to $7.3 million due to higher zinc premiums, acid sales and lower finance costs.
As quoted in the press release:
Zinc premiums sat at 7.4 cents US per pound, up from 5.9 cents US per pound in the quarter of 2011.
Click here to read the Noranda Income Fund (TSX:NIF.UN) press release.