Peru - Good luck almost quadruples his profit in 2009

Good luck, the biggest producer of precious metals of Peru, it informed a utility in the 4th trimester of 2009 after having suffered a loss in the same space of the year 2008, supported by a rise of the prices of the metals and the good performance of his subsidies.

The Good luck profit added 210,4 million dollars in the 4th trimester 2009, opposite to the losses for 6,1 million dollars of the previous year.

With this result, the company accumulated in 2009 a utility for 593,6 million dollars, with what almost it quadrupled his profit of 2008.

Good luck possesses 43,7 % of Yanacocha, one of the biggest auriferous mines of Latin America.

Also, it has a participation of 18,7 % in Green Hill, one of the principal producers of copper of Peru.

The prices of the metals have recovered strongly of the dashings of the world financial crisis.

The clear sales of the mining Good luck grew 57 % in the last trimester of 2009, to 243,5 million dollars, impelled by the upturn of the prices of the metals.

Good luck added that his clear sales of the whole year promoted 7 % opposite to 2008, to 819,4 million dollars.

The Good luck golden production during the year 2009, including his participation in Yanacocha, added 1.321.993 ounces, 8 % more than that of 2008.

Good luck