Revett Minerals provides hedging update
SPOKANE VALLEY, WASHINGTON--(Marketwire - Sept. 26, 2011) - Revett Minerals Inc. (TSX:RVM) (NYSE Amex:RVM) is pleased to provide an update on its recently initiated 2012 copper hedging program.
For 2012, the company has sold forward approximately 25% of forecast copper production at US$4.00 per lb. This transaction, for 100 metric tons per month, is for copper contained in concentrates produced at our Troy mine from January to December 2012.