Brunswick Mining and Smelting Corp. reports first quarter earnings of $355,000, compared with a loss of $3,525,000 in the first quarter of 1986.
Value of mineral production in the latest period was $61,857,000, against $53,476,000 in the similar quarter last year.
The company says the improved operating results of the fourth quarter of 1986 continued into the 1987 first quarter, although a weaker zinc price and the stronger Canadian dollar impacted negatively on earnings.
Prospects for the second quarter this year appear even better, Brunswick says, with markets and prices for all of the company’s products now firming, particularly lead and silver.
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