09:49 AM EST - Iberian Minerals Corp. : reported a third quarter net income before taxes of $225.60 million. The revenue for the three months was $27.50 million and costs of expenses of mining operations were $19.04 million, this resulted in a gross margin of $8.46 million. For the nine months ended September 30, 2008, the Company reported a net income before taxes in the amount of $94.64 million. The revenue for the nine months was $75.47 million and costs of expenses of mining operations were $47.24 million, this resulted in a gross margin of $28.23 million. Iberian Minerals Corp.
shares V.IZN are trading unchanged at $0.20.