09:55 AM EST - Mines Management Inc. : reported a second-quarter net loss of $1.9 million or $0.08 per share compared to a net loss of $2.5 million or $0.11 per share last year. The company attributed the $600,000 decrease in net loss to decreases in operating expenses of $400,000 over the second quarter of 2008, principally in general and administrative expenses, and an increase in other income of $200,000. Mines Management Inc.
shares T.MGT are trading down $0.05 at $2.71.
