PolyMet Mining Corp. (POM.TO,PLM) is flat at $1.09 a share in
light volume on both sides of the border with the copper-nickel
miner in northeastern Minnesota reporting a $46,000 Q3 net loss,
down from a $263,000 loss in the year-ago period.
The company also said it continues to make significant progress
with enviromental reviews by state and federal agencies, although
the January 2012 goal of completing a Supplemental Draft
Environmental Impact Statement likely will be several weeks behind
schedule becuase of delays in analyzing model inputs.
("PolyMet" or the "Company") today provided an update on
corporate developments and progress at its NorthMet project. The
Company also reported its financial results for the three months
ended October 31, 2011. PolyMet controls 100% of the
development-stage NorthMet copper-nickel-precious metals ore-body
and the nearby Erie Plant, located near Hoyt Lakes in the
established mining district of the Mesabi Iron Range in
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