Peru
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Atacocha profits rocket

Bnamericas
Peruvian polymetallic miner Atacocha saw its third quarter profits soar 19,263% to 7.36mn soles, over 38,000 soles for the same quarter of 2002, the company told the Conasev securities regulator. Revenue rose to 48.5mn soles (US$13.7mn) from 39.4mn over the same period as a result of higher production and improved base metal prices. In the first nine months of the year, Atacocha processed 912,864t of ore compared to 866,788t in the January-September period of 2002 to produce lead, zinc and copper concentrates. The company's mining operation is based in central Peru's Pasco department.

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