Sterlite Industries India Limited (ADR) NYSE: SLT increased 3.37% to close at $16.56 SLT traded 1.44 million shares for the day. Its earning per share remained $3.19. Sterlite Industries (India) Limited is a non-ferrous metals and mining company. The Company's primary businesses include aluminum, copper, zinc and lead, and commercial energy. The Company's principal operations are located in India. The subsidiary of the Company is Hindustan Zinc Limited (HZL). HZL products include refined zinc metal, refined lead metal, silver, cadmium and sulphuric acid. The Company's subsidiaries include Sesa Goa Limited, The Madras Aluminium Company Limited, Konkola Copper Mines Plc, Sesa Industries Limited and Dempo Mining Corporation Private Limited.
Silvercorp Metals Inc. (NYSE:USA) NYSE: SVM advanced 3.13% to close at $8.90 SVM traded 1.43 million shares for the day. Its earning per share remained $0.27. Silvercorp Metals Inc. (Silvercorp) is a silver producing company. During the fiscal year ended March 31, 2010 (fiscal 2010), Silvercorp mined 406,754 tons of ore. In fiscal 2010, the Company produced and sold 4.6 million ounces of silver, 62.4 million pounds of lead and 14.7 million pounds of zinc. The Company's properties include Ying Mine (77.5%), HPG Property (80%), TLP Mine (77.5%), LM Mine (80%), Nabao Project (82%), GC Project (95%) and Silvertip Project (100%). In May 2009, the TLP mine operation and the LM Mine operation were partially resumed. The GC Project is a pre-development stage silver-lead-zinc project in Guangdong Province, China.
Stillwater Mining Company NYSE: SWC increased 3.04% to close at $17.94 SWC traded 2.05 million shares for the day. Its earning per share remained $0.26. Stillwater Mining Company, incorporated in 1992, is engaged in the development, extraction, processing, refining and marketing of palladium, platinum and associated metals (platinum group metals (PGMs)) from a geological formation in south central Montana known as the J-M Reef and from the recycling of spent catalytic converters. The Company conducts mining operations at the Stillwater Mine near Nye, Montana and at the East Boulder Mine near Big Timber, Montana. Ore extraction at both mines takes place within the J-M Reef. The Company operates a smelter and base metal refinery at Columbus, Montana, which improve the mined concentrates into a PGM-rich filter cake.
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