A Golden Opportunity.(Brief Article)

Latin Trade | February 1, 2000| | Copyright

Alberto Benavides the patriarch of Peruvian mining, strikes it rich.

HAD IT NOT BEEN FOR YANACOCHA, now Latin America's premier gold mine, Buenaventura would probably have remained a family business. But to develop its assets, Alberto Benavides de la Quintana, the company's founder and driving force for almost half a century, sold shares to partners and the market to raise money. The gamble paid in spades: The mine has transformed Buenaventura into one of the hottest-performing companies in Latin America. In fact, for the 12 months ending in June 1999, the firm's ...

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