(Corrects quarter in first paragraph)
MEXICO CITY, July 25 (Reuters) - Mexican billionaire Carlos Slim’s mining company Minera Frisco said on Wednesday net profit in the second quarter jumped from a previous loss, boosted by foreign exchange bets and a lower loss from metals hedges.
Earnings rose to 299 million pesos ($22 million) in the second quarter of 2012, up from a 325 million peso loss in the same period last year, the company said in a filing with the Mexican stock exchange.
Minera Frisco said revenues in the quarter were 2.29 billion pesos. ($1=13.3396 pesos) (Reporting by Mica Rosenberg)