Revett Minerals Inc. (NYSE Amex:RVM; TSX: RVM) announced today full year operating results for the Company’s Troy Mine, located in northwest Montana. This marks the sixth consecutive year of increased productivity at the Company’s 100% owned Troy mine with total silver production of 1.29 million ounces and total copper production of 10.65 million pounds. Other key milestones reported in the release include: (i) Net cash from operations of $29.2 million, a 140% increase over 2010 net cash of $12.2 million (ii) Record mill throughput of 1.4 million tons processed and (iii) continued improvement in the Company’s safety rating.
In the release, Mr. John Shanahan, President and CEO, stated “2011 was a wonderful operating year based on all measurements. Although just fractionally short of our guidance, 2011 was a record year of production and cash flow which saw significant increases in silver and copper output. These achievements and our focus on safety is a credit to our employees.”