Report of Foreign Issuer (6-k)
October 13 2017 - 6:03AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE
13a-16 OR 15b-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of
October,
2017
Commission File Number 001-14370
COMPANIA DE MINAS BUENAVENTURA S.A.A.
(Exact name of
registrant as specified in its charter)
BUENAVENTURA MINING COMPANY INC.
(Translation of registrant’s
name into English)
Republic of Peru
(Jurisdiction of incorporation or
organization)
CARLOS VILLARAN 790
SANTA CATALINA, LIMA 13, PERU
(
Address
of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F ____
X
___ Form 40-F _______
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes _______ No ___
X
____
If “Yes” is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): Not applicable.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
COMPAÑÍA DE MINAS BUENAVENTURA S.A.A.
By: /s/ CARLOS E. GALVEZ PINILLOS
Name: Carlos E. Galvez Pinillos
Title: Chief Financial Officer
Date: October 12, 2017
Buenaventura
Announces Third Quarter 2017 Production and Volume Sold Per Metal Results
LIMA, Peru--(BUSINESS WIRE)--October 12, 2017--
Compañia de Minas
Buenaventura S.A.A.
(“Buenaventura” or “the Company”) (NYSE: BVN;
Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious
metals mining company, today announced preliminary 3Q17 production and
volume sold results as well as 2017 operating guidance (100% basis).
3Q17 Production per Metal and 2017 Operating Guidance (100%
basis)
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1Q17 (Actual)
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2Q17 (Actual)
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3Q17 (Actual)
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9M17 (Actual)
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2017 (Estimated)
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Gold (Oz.)
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Orcopampa
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42,332
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46,917
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51,672
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140,920
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190k - 200k
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Tambomayo
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0
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12,454
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24,115
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36,570
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60k - 90k
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La Zanja
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32,255
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30,647
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33,569
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96,471
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115k - 125k
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Tantahuatay
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31,245
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31,725
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43,320
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106,290
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145k - 155k
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Yanacocha
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137,621
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120,856
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247,321
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505,798
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530k - 560k
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Silver (Oz.)
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Uchucchacua
1
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4,021,722
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4,311,194
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4,121,319
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12,454,235
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17.0M - 18.0M
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Julcani
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666,236
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647,883
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643,051
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1,957,169
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2.6M - 2.8M
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Mallay
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320,372
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380,369
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216,637
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917,378
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1.0M - 1.3M
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Tambomayo
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0
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295,379
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678,828
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974,207
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1.6M - 1.9M
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El Brocal
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1,044,908
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976,757
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1,015,170
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3,036,835
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3.5M - 4.5M
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Zinc (MT)
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El Brocal
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16,903
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12,166
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11,658
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29,069
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50k - 60k
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Uchucchacua
1
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1,882
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2,949
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3,891
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8,722
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10k - 12k
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Mallay
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2,174
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2,244
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1,403
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5,821
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7.0k - 9.0k
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Tambomayo
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0
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59
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761
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820
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2k - 5k
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Copper (MT)
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El Brocal
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11,155
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10,308
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11,531
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32,994
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50K - 60K
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Cerro Verde
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118,744
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118,071
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TBA
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TBA
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500k - 550k
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1. Production from 3Q17 considers 139,336 Ag Oz and 170 Zn MT from
Uchucchacua´s material treated in Mallay´s processing plant.
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3Q17 Volume sold per Metal(100% basis)
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1Q17 (Actual)
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2Q17 (Actual)
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3Q17 (Actual)
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9M17 (Actual)
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Gold (Oz.)
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Orcopampa
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42,101
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42,821
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54,544
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139,466
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Tambomayo
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0
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4,840
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26,799
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31,639
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La Zanja
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32,570
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31,105
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34,662
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98,338
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Tantahuatay
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30,493
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32,103
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41,621
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104,217
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Silver (Oz.)
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Uchucchacua
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3,732,401
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3,651,304
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4,452,812
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11,836,518
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Julcani
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912,656
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394,077
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829,755
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2,136,488
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Mallay
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311,157
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309,975
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160,298
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781,431
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Tambomayo
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0
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81,454
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656,070
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737,524
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El Brocal
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825,740
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750,077
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831,154
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2,406,971
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Zinc (MT)
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El Brocal
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14,102
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9,849
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9,884
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33,835
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Uchucchacua
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1,118
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2,180
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3,291
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6,589
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Mallay
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1,472
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2,169
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1,132
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4,773
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Tambomayo
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0
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0
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491
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491
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Copper (MT)
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El Brocal
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9,806
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10,018
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11,243
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31,066
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Company 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*, Mallay*, Julcani*, Tambomayo*, El Brocal, La Zanja and
Coimolache and is developing the San Gabriel project.
The Company owns 43.65% of Minera Yanacocha S.R.L (a partnership with
Newmont Mining Corporation), an important precious metal producer;
19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper
producer.
For a printed version of the Company’s 2016 Form 20-F, please contact
the investor relations contacts on page 1 of this report, or download
the PDF format file from the Company’s web site at
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
CONTACT:
Compañia de Minas Buenaventura S.A.A.
In Lima:
Carlos
Galvez, 511-419-2540
Chief Financial Officer
or
Rodrigo
Echecopar, 511-419 2591
Investor Relations Coordinator
rodrigo.echecopar@buenaventura.pe
or
In
NY:
Barbara Cano, 646-452-2334
barbara.cano@mbsvalue.com
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