Century Mining Reports Operating Profit at Sigma Mine in the First Two Quarters After Start-Up Monday May 1, 8:25 pm ET BLAINE, WASHINGTON--(CCNMatthews - May 1, 2006) -
Century Mining Corporation - (TSX VENTURE:CMM - News) is pleased to announce its financial and operating results for the year ended December 31, 2005 and report on a number of positive initiatives in the first four months of this year.
In 2005
- Commenced start-up and commercial production at Sigma Mine
- Operating profit of $1.8 million from Sigma mining operations, before royalty expenses and depreciation, amortization and accretion
- Produced 45,158 ounces of gold at Sigma Mine in the first two quarters of production at a start-up cash cost of US$410 per ounce --