Tungsten miner Malaga posts $19.9M loss in 2012

Apr 04, 2013 | 05:11 PM |

Tags  Malaga, tungsten, copper, annual loss, Pasto Bueno plant, impairment charges

NEW YORK — Tungsten miner Malaga Inc. reported a $19.9-million loss in 2012 after putting its Pasto Bueno plant and mine in Peru on care and maintenance.

The company had recorded net income of almost $3 million in 2011.....

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