CAPITAL MARKETS

Bema comfortable with Russia

CANADIAN gold player Bema Gold Corp has said it is becoming easier to operate in Russia, where it is developing its prospective Kupol project, despite contrary reports suggesting the Russian Government is angling for an interest in the project.

Rebecca Keenan

Reuters reported investors had been discounting Bema because of its exposure to sovereign risk in Russia. Bema’s chief executive Clive Johnson said there was no truth to the rumours of issues with property...

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