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Latest Yanacocha Stories

2010-02-16 08:29:00

LIMA, Peru, Feb. 16 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. ("the Company" or "Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly-traded precious metals mining company, announced today that a strike has affected the Orcopampa, Uchucchacua and Antapite mining units since Saturday, February 13, 2010. The strike has been promoted by personnel from the Company and contractors who are demanding a review of the workers' profit sharing...

2009-12-14 16:02:00

DENVER, Dec. 14 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced that its subsidiary, Newmont Indonesia Limited ("NIL"), together with Nusa Tenggara Mining Corporation ("NTMC") (an affiliate of Sumitomo Corporation), completed the sale of 7% of PT Newmont Nusa Tenggara ("PTNNT") for the 2008 divestiture to PT Multi Daerah Bersaing ("PTMDB"), a consortium comprised of regional and local governments near the Batu Hijau mine, and PT...

2009-11-16 17:47:00

DENVER, Nov. 16 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced that its subsidiary, Newmont Indonesia Limited, together with Nusa Tengarra Mining Corporation ("NTMC") (an affiliate of Sumitomo Corporation), completed the transfer of 10% of PT Newmont Nusa Tenggara ("PTNNT") (3% for the 2006 divestiture and 7% for the 2007 divestiture) to PT Multi Daerah Bersaing ("PTMDB"), a consortium comprised of regional and local...

2009-10-29 17:20:00

LIMA, Peru, Oct. 29 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. ("Buenaventura" or "the Company") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest, publicly-traded precious metals mining company, announced today its results for the third quarter 2009. All figures have been prepared according to Peruvian GAAP and are stated in U.S. dollars (US$). Comments from the Chief Executive Officer: Mr. Roque Benavides, Buenaventura's Chief Executive Officer...

2009-10-29 05:00:00

DENVER, Oct. 29 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") announced record quarterly revenues of $2.0 billion and net cash from operations of $1.1 billion, resulting in net income(1)(2) of $388 million ($0.79 per share). Richard O'Brien, President and Chief Executive Officer, said, "Our continued focus on cost containment resulted in a 13% improvement in gold cost of sales per ounce over the same quarter last year. Combined with the...

2009-10-21 08:00:00

LIMA, Peru, Oct. 21 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. ("the Company" or "Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly-traded precious metals mining company announced today that operations have resumed at the Company's two operating units, Orcopampa and Uchucchacua, after the conclusion of a 48-hour strike by the National Mining Federation. It is important to note that the strike only affected production at the Uchucchacua...

2009-10-19 15:59:00

LIMA, Peru, Oct. 19 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. ("the Company" or "Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly traded precious metals mining company, announced today that the National Mining Federation has organized a 48-hour strike affecting the Orcopampa and Uchucchacua mining units. The Orcopampa mine has stopped mining activities. However, metallurgical operations, such as the treatment of previously...

2009-10-13 15:05:00

LIMA, Peru, Oct. 13 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. ("Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly traded precious metals mining company, announced the granting of authority to the Company's Board of Director's to decide the convenience to purchase from Compania Minera Condesa S.A., and via the equity market, 21,160,260 shares issued by the company that owns Condesa, as well as delegating to Buenaventura's Board of...

2009-07-30 20:15:00

LIMA, Peru, July 30 /PRNewswire-FirstCall/ -- Compania de Minas Buenaventura S.A.A. ("Buenaventura" or "the Company") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest, publicly-traded precious metals mining company announced today its results for the second quarter 2009. All figures have been prepared according to Peruvian GAAP and are stated in U.S. dollars (US$). Comments from the Chief Executive Officer: Mr. Roque Benavides, Buenaventura's Chief Executive Officer stated:...

2009-07-23 05:00:00

DENVER, July 23 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced second quarter results, with equity gold sales of 1.2 million ounces at an average realized price of $915 per ounce and costs applicable to sales of $423 per ounce, resulting in adjusted net income(1) of $213 million ($0.43 per share), compared to $221 million ($0.50 per share) for the prior year quarter. Net income from continuing operations on a GAAP basis(2)...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'