Copper Development Corporation reported unaudited consolidated earnings results for the six months ended June 30, 2012. For the six months, the company reported unrealized loss on investment of USD 1,576,656. Loss before income tax was USD 5,027,499 compared to USD 4,790,030 last year.

Loss after income tax was USD 5,027,499 compared to USD 4,790,030 last year. Loss attributable to equity shareholders was USD 4,903,681 or USD 0.0217 per basic and diluted share compared to USD 4,698,324 or USD 0.0209 per basic and diluted share last year. Net cash used in operating activities was USD 4,483,090 compared to USD 5,452,186 last year.

Purchase of property, plant and equipment was USD 78,065 compared to USD 345,616 last year.