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Name | Symbol | Market | Type |
---|---|---|---|
Compania De Minas Buenaventura SA | NYSE:BVN | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.22 | 0 | 12:24:26 |
Compañía de Minas Buenaventura S.A.A. (“Buenaventura”) (NYSE:BVN; Lima Stock Exchange:BUE.LM), Peru’s largest publicly traded, precious metals mining company today announced preliminary 4Q15 production results and 2016 operating guidance.
4Q15 Production per Metal and 2016 Operating Guidance (100% basis)
4Q15 (Actual)
FY15 (Actual)
2016 (Estimated)
Gold (Oz.)Orcopampa
48,606 204,629 200k - 210kLa Zanja
37,709 141,071 130k - 140kTantahuatay
47,697 144,782 145k - 155kYanacocha
211,256 917,690 600k - 650k Silver (Oz.)Uchucchacua
4,118,509 13,919,920 15.5M - 16.5MJulcani
868,662 3,266,453 3.0M - 3.4MMallay
357,236 1,285,361 1.5M - 1.9MEl Brocal
1,183,101 3,669,500 2.8M - 3.2M Zinc (MT)El Brocal
15,966 53,319 60K - 70KUchucchacua
1,602 5,692 9.2K - 10.0KMallay
2,407 9,173 11.0K - 11.8K Copper (MT)El Brocal
9,165 32,061 35K - 45KCerro Verde
TBA TBA TBACompany Description
Compañía de Minas Buenaventura S.A.A. is Peru’s largest, publicly traded precious metals Company and a major holder of mining rights in Peru. The Company is engaged in the mining, processing, development and exploration of gold and silver and other metals via wholly owned mines, as well as through its participation in joint exploration projects.
Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Breapampa*, Mallay*, Julcani*, El Brocal, La Zanja and Coimolache) and is developing the Tambomayo and San Gabriel Projects.
The Company owns 43.65% of Minera Yanacocha S.R.L (a partnership with Newmont Mining Corporation), an important precious metal producer and 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer. For a printed version of the Company’s 2014 Form 20-F, please contact the persons indicated above, or download a PDF format file from the Company’s web site www.buenaventura.com.
(*) Operations wholly owned by Buenaventura
Note on Forward-Looking Statements
This press release may contain forward-looking information (as defined in the U.S. Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties, including those concerning the Company’s, Yanacocha’s and Cerro Verde’s costs and expenses, results of exploration, the continued improving efficiency of operations, prevailing market prices of gold, silver, copper and other metals mined, the success of joint ventures, estimates of future explorations, development and production, subsidiaries’ plans for capital expenditures, estimates of reserves and Peruvian political, economic, social and legal developments. These forward-looking statements reflect the Company’s view with respect to the Company’s, Yanacocha’s and Cerro Verde’s future financial performance. Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160126005604/en/
For Compañía de Minas Buenaventura S.A.A.Lima:Carlos Galvez, (511) 419 2540Chief Financial OfficerorDaniel Dominguez, (511) 419 2591Director of Treasury and Investor Relationsdaniel.dominguez@buenaventura.peorNew York:i-advize Corporate CommunicationsMaria Barona, 212-406-3691orRafael Borja, 212-406-3693
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