Peru miner eyes record gold and silver production

April 3, 2008

roque_benavides.jpgPeruvian miner Buenaventura said 2008 will be a record-setting year for its main silver and gold mines.

Silver output at its Uchucchacua mine should increase to 12 million ounces in 2008 from 9.9 million ounces in 2007, said Buenaventura Chief Executive Roque Benavides.

He said gold output at its Orcopampa mine will rise to 300,000 ounces in 2008 from 267,935 ounces in 2007. 

“Both will have record productions this year,” said Benavides, speaking at the Reuters Latin America Investment Summit in Lima, Peru.

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