Peru's Yanacocha Gold Mill Enters Commercial Production
The company produced 442,000 ounces of gold in the second quarter, compared with 303,000 ounces in the same period a year earlier, it told the Peruvian regulatory agency late Wednesday. That was mainly due to an increase of tons placed on leaching pads, and to higher grade ore, among other factors. The company added that it expected sales to remain "between 1.7 and 1.8 million ounces for 2008 mainly to the ending of construction of the gold mill, which offset lower production on the leaching pads." Latin America's largest gold mine, Yanacocha is run by - Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http:// www.djnewsplus.com/al?rnd=%2B%2B0A4EKn7ZlAi6szOQUadw%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires |
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