Business
WGI Heavy Minerals Announces Q2 2012 Results
COEUR D'ALENE, IDAHO, Aug. 10, 2012 /CNW/ - WGI Heavy Minerals, Incorporated ("WGI") (TSX: ...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n\n\n\n\n\nCOEUR D'ALENE, IDAHO, Aug. 10, 2012 /CNW/ - WGI Heavy Minerals,\n Incorporated (\"WGI\") (TSX: WG) today announced that its results for the\n second quarter of 2012 could be found on SEDAR.com\n\n\nSelected Financial Information\nThe selected quarterly information of operating results and financial\n position should be read in conjunction with the unaudited financial\n statements of the Company for the quarter ended June 30, 2012, as well\n as the accompanying notes, which are reported in U.S. dollars and have\n been prepared in accordance with IFRS for the quarters ended June 30,\n 2012 and June 30, 2011.\n\n\n \n\n\nFor the three months ended\n\n\n \n\n\nFor the six months ended\n\n\nExtracted from Audited Financial Statements\n\n\nJune 30, 2012\n\n\n \n\n\nJune 30, 2011\n\n\n \n\n\nJune 30, 2012\n\n\n \n\n\nJune 30, 2011\n\n\n(in thousands other than earnings per share)\n\n\n$ 000's\n\n\n \n\n\n$ 000's\n\n\n \n\n\n$ 000's\n\n\n \n\n\n$ 000's\n\n\n \n\n\n(unaudited)\n\n\n \n\n\n(unaudited)\n\n\n \n\n\n(unaudited)\n\n\n \n\n\n(unaudited)\n\n\nRevenues\n\n\n8,072\n\n\n \n\n\n10,967\n\n\n \n\n\n15,750\n\n\n \n\n\n20,369\n\n\nEarnings/(loss) from operations\n\n\n(376)\n\n\n \n\n\n400\n\n\n \n\n\n(739)\n\n\n \n\n\n688\n\n\nNet earnings/(loss) for the period\n\n\n(763)\n\n\n \n\n\n316\n\n\n \n\n\n(1,230)\n\n\n \n\n\n243\n\n\nBasic/fully diluted income/(loss) per share\n\n\n(0.032)/(0.032)\n\n\n \n\n\n0.013/0.013\n\n\n \n\n\n(0.052)/(0.051)\n\n\n \n\n\n0.010/0.010\n\n\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nAs atJune 30, 2012\n\n\n \n\n\nAs atDec. 31, 2011\n\n\n \n\n\n \n\n\n \n\n\n$ 000's\n\n\n \n\n\n$ 000's\n\n\n \n\n\n \n\n\n \n\n\n(unaudited)\n\n\n \n\n\n(unaudited)\n\n\nCash, cash equivalents, securities and short term investments\n\n\n \n\n\n \n\n\n4,223\n\n\n \n\n\n5,741\n\n\nTotal assets\n\n\n \n\n\n \n\n\n22,504\n\n\n \n\n\n23,808\n\n\nLong-term financial liabilities and current portion of long-term debt\n\n\n \n\n\n \n\n\n301\n\n\n \n\n\n383\n\n\n\n\n\nAbout WGI \nThe principal business of WGI Heavy Minerals, Incorporated is t...