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Gold/Mining/Energy : Anvil Range Mining

ARO 0.151

-27.7%

Apr 21 5:00 PM EST

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To: Donald McRobb who wrote (66)	7/18/1997 5:51:00 PM
From: Donald McRobb	of 143

ARO Related Mining giant Cominco has released its financial report for the second quarter of this year. It shows the company made $17 million dollars bringing this year's profits to date just under $40 million dollars. Perhaps of more interest to Yukoners is the reports preamble. It says profits could have been even higher but the company ran short of zinc and had to purchase some on the open market. Earlier this month Cominco gave the operators of the Faro lead/zinc mine a $15 million dollar loan to help get the mine restarted. Faro has one of the world's zinc deposits. largest deposits of zinc.

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