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Trevali Q1 earnings rise on higher sales, price support

Creamer Media Deputy Editor: North America
Canadian base metals producer Trevali Mining has reported higher first-quarter earnings, as revenues were boosted by significantly higher sales volumes on the back of the Caribou mine declaring commercial production in the third quarter last year, and higher prices. Vancouver-based Trevali, which operates the flagship Santander mine, in Peru, and the Caribou mine, in New Brunswick, and had recently agreed to acquire a suite of base metals projects in Africa from Glencore, said revenues for the three months ended March tripled to $59.5-million.

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