Copper Development Corporation reported audited consolidated earnings results for the year ended December 31, 2012. For the period, the company reported loss before finance income of $19,419,967 against $10,732,594 a year ago. Loss before income tax was $19,288,696 against $10,453,549 a year ago.

Loss after income tax was $19,288,696 against $10,453,549 a year ago. Loss attributable to equity shareholders was $15,485,348 or $0.0679 per basic and diluted share against $10,341,765 or $0.0458 per basic and diluted share a year ago. Net cash used in operating activities was $6,264,294 against $6,370,995 a year ago.

Purchase of property, plant and equipment was against $483,067 a year ago.