Home | Business News | Browse by Publication | M | M2 Presswire

Market Commentary on Bema Gold Corp.

Publication: M2 Presswire
Publication Date: 30-NOV-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 November 2006-Blue Chip News: Market Commentary on Bema Gold Corp.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:30112006

Market Commentary on Bema Gold Corp. (NYSE:BGO)

Bema Gold beams most when it finds a rich gold strike. The gold and silver mining company owns the Julietta Mine (79%-owned, Russia) and the Petrex Mines (South Africa), currently its primary assets in production. The company produces about 375,000 ounces of gold annually. Other interests include the Aldebaran Property (Chile), the Cerro Casale Deposit (Chile), the Yarnell Property (US), the Refugio Mine (Chile), and Russia's Kupol gold and silver project, which was acquired in 2003. The Refugio Mine (50%-owned) was brought into production in 2005. Kinross agreed to acquire Bema for about $3 billion in late 2006.

Shares were up 2% due to higher production levels helped offset losses related to derivatives.

BellwetherReport.com is a leading online research firm for international investors looking to...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
Sprint Launches Combined Mobile Email Client., November 30, 2006
American Airlines Announces New Option to Pre-Order Meal for Flights b..., November 30, 2006
Gap Inc. Reports November Sales Down 2 Percent., November 30, 2006
What Impact are New Broadcasting Networks Having on Dominant TV Models..., November 30, 2006
Identify if Opportunities Exist to Place Ads on Artist Websites in the..., November 30, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.