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Buenaventura Second-Quarter Profit Rises 83% on Higher Gold, Silver Prices
Jul. 26, 2011 04:58PM PST
Silver InvestingBloomberg reported that higher metals prices boosted profits for Buenaventura (NYSE:BVN) by 83%.
Bloomberg reported that higher metals prices boosted profits for Buenaventura (NYSE:BVN) by 83%.
The market news is quoted as saying:
Buenaventura’s revenue climbed 52 percent to $343.3 million, while operating costs fell 33 percent to $19.5 million. Exploration spending rose 17 percent to $12 million.
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