10:08 AM EST - Malaga Inc. : reported its second quarter net loss of $1 million or $0.01 per share, compared to a loss of $0.5 million or $0.01 per share in the same quarter last year. The company attributed the wider loss to the low average tungsten grade milled during the second quarter of 2008, which is 0.79%, as compared to 1.14% during the year-ago quarter. Malaga Inc.
shares T.MLG are trading up 2 cents at $0.23.
