11:56 AM EST - Anaconda Mining Inc. : reported its results for the year ended May 31, 2010. As at May 31, 2010, Anaconda had total assets of $21.4 million including cash and cash equivalents of $534,000. Consolidated net loss for the year ended May 31, 2010 was approximately $3.3 million ($0.04 per basic and fully-diluted share).Revenues included $11.4 million of precious metals sales offset by
$9.9 million for costs of goods sold, administrative expenses of $3.5 million, writedown of mineral properties and deferred exploration expenditures of $655,000 and depletion, depreciation and amortization of $585,000. Anaconda Mining Inc.
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