
stranger to impairment charges, writing down roughly $1 billion in goodwill at the end of 2008 related to its acquisition of Bema Gold , taking another $290 million in impairment charges on its Fruta del Norte deposit at the end of 2010, and writing down more
On Tuesday, Bema Gold 's BGO shareholders overwhelmingly approved the merger with Kinross Gold KGC. Most regulatory approvals have been received, and the
the situation of most gold producers. Profiles of major producers like Barrick ABX and Newmont NEM and smaller producers Bema BGO , Kinross KGC, Meridian MDG, Agnico-Eagle Mines AEM, Buenaventura BVN, Lihir Gold LIHR, Eldorado Gold EGO, Yamana Gold
industry, medium-sized gold producer Kinross Gold KGC announced Monday an all-stock takeover of smaller gold producer Bema Gold BGO . The offer values each Bema share at 0.441 shares of Kinross and is subject to approval by regulators and Bema shareholders
Bema Gold BGO announced that it has acquired additional licenses at Kupol, in far eastern Russia, that expand the property from 17.5 square
Bema Gold BGO recently announced increases in reserves at its Kupol project in northeast Russia. Reserves increased from 3.8 million ounces
Finally, skyrocketing gold prices helped Bema Gold BGO post a quarterly operating profit. The small operating profit was negated by huge losses related to Bema's derivative contracts
turn to losses, servicing this debt might become a burden the firm cannot bear, given its high operation costs. Bema Gold BGO Bema operates two mines--one in Russia and one in South Africa. While the economics of the Russian mine are respectable
turn to losses, servicing this debt might become a burden the firm cannot bear, given its high operation costs. Bema Gold BGO Bema operates two mines--one in Russia and one in South Africa. While the economics of the Russian mine are respectable
Bema BGO has lost Placer Dome's PDG support for the Cerro Casale project, for which Bema, Placer, and Arizona Star are joint-venture