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Amerigo Resources Ltd.

10:01 AM EST - Amerigo Resources Ltd. : reported a decline in second quarter net income to $6.2 million or $0.07 per share from $10.3 million or $0.11 per share in year-ago period. The company recorded $875 thousand as other comprehensive loss from the fair value adjustments of two strategic investments during the quarter. Revenue for the quarter decreased to $31.2 million from $32.0 million in the prior-year period. Amerigo Resources Ltd. shares T.ARG are trading unchanged at $1.39.