12:03 PM EST - International Minerals Corp. : reported a profit for the first quarter compared to a loss last year, due primarily to an equity gain from the Pallancata Mine joint venture and increased foreign exchange currency gain. Net income for the first quarter was US$3.73 million or US$0.04 per share compared to loss of US$2.73 million or US$0.03 per share last year. International Minerals Corp.
shares T.IMZ are trading down 18 cents at $1.98.
