At La Zanja (53.06% owned by Buenaventura) total production in 1Q12 was 26,329 ounces of gold, a 5% increase when compared to 1Q11 (25,151 ounces). Cash operating cost in 1Q12 was US$496/oz, 43% higher than 1Q11 (US$346 /oz) due to higher labor and contractor expenses, partially offset by higher silver by-product contribution.At Tantahuatay (40% owned by Buenaventura) Total production in 1Q12 was 27,606 ounces of gold (11,042 ounces attributable to Buenaventura). Cash operating cost in 1Q12 was US$497/oz.
Buenaventura Announces First Quarter 2012 Results
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