Wall slide at Chile mine puts Amerigo in the red in 2d qtr.
Aug 07, 2013 | 10:11 AM
| Everdeen Mason
NEW YORK Continuing fallout from a wall slide at Amerigo Resources Ltd.s copper-molybdenum operation in Chile as well as lower metal prices pushed the company into the red in the second quarter.
The company posted a net loss of $837,000 for the three months ended June 30 in contrast to net income of $3.24 million in the first quarter on sales that fell 27.1 percent to $31.45 million from $43.16 million in the same comparison.....
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