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Primero Mining Corp.

11:43 AM EST - Primero Mining Corp. : reported financial and operational results for the first quarter ended March 31, 2011. Revenues were $34.0 million compared to $41.4 million in the fourth quarter of 2010 mainly as a result of lower ounces sold. The Company incurred a net loss of $7.9 million ($0.09 per share) in the first quarter 2011, compared with net income of $6.9 million in the fourth quarter 2010 ($0.08 per share). Primero Mining Corp. shares T.P are trading down $0.10 at $4.60.