(RTTNews) – Fortuna Silver Mines Inc. (FVI.V: News ) Thursday reported a sharp rise in profit for the full year 2010, driven by an increase in ounces of silver sold as well as higher silver and base metal prices. For the year, the company reported a profit of $12.96 million compared to $0.62 million last year. On a per share basis, earnings amounted to $0.12, higher than $0.01 a year ago. Sales for the period were higher at $74.06 million compared to $51.43 million a year ago. Silver production improved 13% to 1,906,423 oz, from the prior year. Silver accounts for 48% of revenue.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
