Northland Resources S.A. reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported sales of $31,410,000. Operating loss was $33,673,000 compared with $10,144,000 for the same period last year. Profit before tax was $387,257,000 compared with $3,941,000 for the same period last year. Profit was $387,182,000 or $3.39 fully diluted per share compared with $3,728,000 or $0.73 fully diluted per share for the same period last year.

For the nine months, the company sales of $55,725,000. Operating loss was $112,429,000 compared with $27,257,000 for the same period last year. Profit before tax was $271,850,000 compared with loss before tax of $18,413,000 for the same period last year. Profit was $271,635,000 or $6.50 fully diluted per share compared with loss of $19,223,000 or $4.19 fully diluted per share for the same period last year. Net cash used in operating activities was $56,476,000 compared with $33,976,000 for the same period last year. Acquisition of property, plant and equipment including mines under construction was $181,006,000 compared with $380,286,000 for the same period last year. Investment in exploration and evaluation assets was $7,108,000 compared to $13,088,000 for the same period last year.