SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (41900)8/20/2009 6:55:36 PM
From: LoneClone  Read Replies (1) | Respond to of 193918
 
Lima mining stocks up 124% year-to-date, juniors up 205% - Peru

Published: Tuesday, August 18, 2009 11:23 (GMT -0400)More news from Peru

By Business News Americas staff reporters

bnamericas.com*_year-to-date,_juniors_up_205*

Miners trading on the Lima stock exchange (BVL) have seen their share prices rise 124% on average so far this year to August 17, while juniors trading on the bourse have jumped 205% in the same period.

The information is based on 11 miners and five juniors that trade on the BVL.

Of the miners, lead-zinc-copper producer El Brocal rose the most, having felt its C shares soar 237% from the start of the year.

Next came zinc-lead miner Morococha, whose class I shares increased 214%, followed by zinc producer Volcan with a 176% rise in its B shares.

Copper-lead-zinc miner Raura jumped 171% in its I shares, while copper producer Cerro Verde's C shares bounded 149% and Santa Luisa investment grade stock was up 145%. Tin miner Minsur's I shares rose 91.7%, precious metals producer Buenaventura climbed 26.1% and Southern Copper advanced 59.6%.

Meanwhile in juniors, Candente Resource has risen 229%, Panoro Minerals 214%, Vena Resources 175%, Alturas Minerals 360% and Fortuna 46.2%.

None of the companies measured have suffered losses in their stock values year-to-date.