03:58 PM EST - Mercator Minerals Ltd. : announced that due to a recent discovery of a clerical and accounting error in the copper revenue reported in the third quarter, the Company will be restating the unaudited interim financial statements for the period ended September 30, 2010. Production during quarter totaled 9,032,269 pounds of copper (7,654,329 pounds in 2009) comprised of 8,167,634 pounds of copper in concentrates (6,534,701 - 2009) and 864,635 pounds of copper as cathodes (1,119,628 - 2009), plus 1,234,987 pounds of molybdenum (557,934 - 2009) and 135,136 ounces of silver (34,069 - 2009). Mercator Minerals Ltd.
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