Battle Mountain Gold Co. posts second-quarter and first-half profit; new Bolivian gold reserves announced.

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Battle Mountain Gold Co. posts second-quarter and first-half profit; new Bolivian gold reserves announced.

HOUSTON--(BUSINESS WIRE)--Aug. 8, 1995--Battle Mountain Gold Co. (NYSE:BMG) Tuesday reported second quarter 1995 consolidated net income of $6.3 million, which, after consideration for quarterly dividends to preferred shareholders, resulted in income of $4.4 million, or 5 cents per share, attributable to common shareholders.

The second quarter 1995 income compares with net income of $3.1 million in the same period last year, which, after consideration for quarterly dividends to preferred shareholders, resulted in income of $1.2 million, or 1 cent per share, attributable to common shareholders.

For the first half of 1995, consolidated net income was $8.8 million, which after consideration for quarterly dividends to preferred shareholders, resulted in income of $5 million, or 6 cents per share.

This compares with consolidated net income of $5.9 million, which, after consideration for quarterly dividends to preferred share...

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