Report of Foreign Issuer (6-k)
January 09 2018 - 6:05AM
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
January
2018
Commission
File Number 001-14370
COMPANIA DE MINAS BUENAVENTURA S.A.A.
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(Exact name of registrant as specified in its charter)
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BUENAVENTURA MINING COMPANY INC.
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(Translation of registrant’s name into English)
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Republic of Peru
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(Jurisdiction of incorporation or organization)
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CARLOS VILLARAN 790
SANTA CATALINA, LIMA 13, PERU
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(Address of principal executive offices)
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Indicate by
check mark whether the registrant files or will file annual reports
under cover of 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.
Buenaventura
Announces Fourth Quarter 2017 Production, Volume Sold per Metal Results
and 2018 Operating Guidance
LIMA, Peru--(BUSINESS WIRE)--January 8, 2018--
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 4Q17 production and
volume sold results as well as 2018 operating guidance (100% basis).
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4Q17 Production per Metal and 2018 Operating Guidance (100% basis)
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4Q17
(Actual)
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12M17
(Actual)
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2017
(Last Guidance)
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2018
(Estimated)
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Gold (Oz.)
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Orcopampa
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50,056
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190,976
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190k - 200k
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190k - 210k
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Tambomayo
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27,605
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64,175
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60k - 90k
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110k - 130k
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La Zanja
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30,648
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127,118
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115k - 125k
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70k - 80k
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Tantahuatay
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45,164
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151,454
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145k - 155k
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160k - 180k
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Yanacocha
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134,291
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534,691
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530k - 560k
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470k - 545k
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Silver (Oz.)
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Uchucchacua
1
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4,129,464
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16,583,698
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17.0M - 18.0M
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17.2M - 18.6M
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Julcani
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292,358
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2,249,527
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2.6M - 2.8M
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2.1M - 2.4M
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Mallay
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192,004
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1,109,382
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1.0M - 1.3M
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0.4M - 0.5M
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Tambomayo
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814,012
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1,788,219
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1.6M - 1.9M
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3.0M - 3.5M
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El Brocal
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1,047,414
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4,084,249
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3.5M - 4.5M
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4.2M - 4.8M
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Zinc (MT)
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El Brocal
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10,785
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51,511
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50k - 60k
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43k - 50k
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Uchucchacua
1
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4,318
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13,040
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10k - 12k
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16.6k - 18.3k
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Mallay
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1,281
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7,102
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7.0k - 9.0k
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3.0k - 3.6k
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Tambomayo
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2,086
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2,906
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2k - 5k
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7k - 8k
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Copper (MT)
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El Brocal
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12,103
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45,097
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50K - 60K
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61K - 71K
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1.
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Production from 4Q17 considers 150,203 Ag Oz and 263 Zn MT from
Uchucchacua´s material treated in Mallay´s processing plant.
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Volume Sold
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4Q17 Volume sold per Metal (100% basis)
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4Q17 (Actual)
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12M17 (Actual)
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Gold (Oz.)
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Orcopampa
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55,812
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195,278
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Tambomayo
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31,491
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63,130
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La Zanja
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30,285
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128,623
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Tantahuatay
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47,580
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151,797
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Silver (Oz.)
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Uchucchacua
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3,747,035
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15,583,553
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Julcani
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330,359
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2,466,846
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Mallay
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211,609
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993,040
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Tambomayo
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884,088
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1,621,611
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El Brocal
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846,928
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3,253,899
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Zinc (MT)
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El Brocal
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9,285
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43,120
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Uchucchacua
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3,692
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10,281
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Mallay
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1,153
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5,926
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Tambomayo
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1,906
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2,398
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Copper (MT)
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El Brocal
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11,566
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42,633
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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:
For Compañia de Minas Buenaventura S.A.A.
In
Lima:
Leandro García, (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@inspirgroup.com
or
Company
Website:
www.buenaventura.com.pe/ir
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/ LEANDRO GARCÍA RAGGIO
Name: Leandro García Raggio
Title: Chief Financial Officer
Date: January 8, 2018
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