LATIN AMERICA -- Bema reports loss despite Refugio startup -- New heap-leach operation generates profits of US$4.2 million

Despite having brought Chile's Refugio gold mine into production, Bema Gold (BGO-T) found itself in the red at the end of 1996.The company recorded a loss of US$2.7 million (or 5 cents per share), compared with a loss of US$3.1...

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