$4.1 million for the three months ending June 30 and a $4.65 million loss for the first half od the year.

The losses compared to net losses of $2.65 million and and $2.52 million for the same periods during 1999. The 2000 results included a loss of $3,769,000 for a further write-down of the Company's investment in Hecla Mining Company to reflect the market price at June 30, 2000 of $1 per ordinary share. The 1999 results include a loss of $1,539,000 on the sale of assets.