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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (40871)	7/31/2009 5:58:08 PM
From: LoneClone	Read Replies (1) \| Respond to of 193614

Peru's Buenaventura says 2nd-qtr profit up 10 pct Thu Jul 30, 2009 7:08pm EDT reuters.com LIMA, July 30 (Reuters) - Peruvian precious metals miner Buenaventura (BVN.N) posted second-quarter profit on Thursday of $134.4 million, a 10 percent rise from the same period a year ago, thanks to its stake in the Yanacocha gold mine. Buenaventura said gold production, including its share from Newmont's (NEM.N) Yanacocha mine, was 324,858 ounces, up from 296,545 ounces in the same period a year earlier. Buenaventura said that while overall revenues were down slightly to $212.7 million and silver prices slipped, gold prices rose 4 percent and Yanacocha sales rose. (Reporting by Teresa Cespedes; Writing by Terry Wade; Editing by Gary Hill)