The company owns and operates the El Mochito base metals mine in Honduras.
During the fiscal year the mine generated sales of $47.1 million. Profits after tax were $12.1 million or $1.22 in earnings per share.
Curragh Resources recently carried out a review of the company and its operations with a view to acquire an equity interest. A spokesman from American Pacific Mining said the two companies were unable to reach an agreement after the review period expired.
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