May 18, 2013 7:44 AM ET

Metals and Mining

Company Overview of Sociedade Mineira de Neves-Corvo, S.A.

Company Overview

Sociedade Mineira de Neves-Corvo, S.A. owns and operates Neves-Corvo mine. It produces copper, zinc, lead, silver, gold, tin, and cobalt. The company was founded in 1980 and is based in Santa Barbara de Padroes, Portugal. As of September 28, 2007, Sociedade Mineira de Neves-Corvo, S.A. operates as a subsidiary of Silverstone Resources Corp.

Minas De Neves Corvo

Santa Barbara de Padroes,  7780-909

Portugal

Founded in 1980

Phone:

351 28 668 9000

Fax:

351 28 668 3289

Key Executives for Sociedade Mineira de Neves-Corvo, S.A.

Managing Director
Compensation as of Fiscal Year 2012.

Sociedade Mineira de Neves-Corvo, S.A. Key Developments

Sociedade Mineira De Neves Corvo, S.a. Reports Earnings and Operating Results for the Fourth Quarter and Year Ended December 31, 2011

Sociedade Mineira De Neves Corvo, S.a. reported earnings and operating results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported operating earnings of $118.76 million against $155.51 million for the same period a year ago. Sales were $193.77 million against $224.96 million for the same period a year ago. For the year, the company reported operating earnings of $299.1 million were $335.7 million lower than 2010. Sales were $558.04 million against $541.31 million a year ago. For the quarter, the company reported copper of 26,866 tonnes and zinc of 382 tonnes against copper of 23,105 tonnes and zinc of 897 tonnes for the same period a year ago. For the year, the company reported copper of 74,109 tonnes, zinc of 4,227 tonnes against copper of 74,011 tonnes and zinc of 6,422 tonnes a year ago.

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