Precious metals miner Compania de Minas Buenaventura SAA's (BVN) said Wednesday that it had second- quarter net earnings of $138.1 million, or $1.09 per share, above the $77.2 million, or $0.61 per share, posted in the same quarter a year before.
Total revenues were $168.6 million in the second quarter compared with $88.1 million in the same quarter of the previous year, the company said in a press release.
Buenaventura has a 43.65% stake in the giant Minera Yanacocha SRL gold mine, which is operated by Newmont Mining Corp. (NEM).
Buenaventura also operates a number of smaller mines in Peru.