MySQL Backup and Recovery  /  ...  /  Making a Copy of a Database Making a Copy of a Database

$> mysqldump db1 > dump.sql
$> mysqladmin create db2
$> mysql db2 < dump.sql

Do not use --databases on the mysqldump command line because that causes USE db1 to be included in the dump file, which overrides the effect of naming db2 on the mysql command line.