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January 12, 2011

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Net profit soars

WESTERN Mining Co's net profit soared by more than 50 percent last year on higher product prices, China's second-largest lead miner said in a preliminary earnings report yesterday.

The Shanghai-listed company earned 602 million yuan (US$91 million), or 0.25 yuan per share, in 2009. Final earnings results will be reported in March.

 

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