LIMA, Peru--(BUSINESS WIRE)--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 2Q17 production results and 2017 operating guidance (100% basis).
| 1Q17 (Actual) | 2Q17 (Actual) | 6M17 (Actual) | 2017 (Estimated ) | |||||
| Gold (Oz.) | ||||||||
| Orcopampa | 42,332 | 46,917 | 89,248 | 190k - 200k | ||||
| Tambomayo | 0 | 12,454 | 12,454 | 60k - 90k | ||||
| La Zanja | 32,255 | 30,647 | 62,902 | 115k - 125k | ||||
| Tantahuatay | 31,245 | 31,725 | 62,970 | 145k - 155k | ||||
| Yanacocha | 137,621 | 120,856 | 258,477 | 530k - 560k | ||||
| Silver (Oz.) | ||||||||
| Uchucchacua 1 | 4,021,722 | 4,311,194 | 8,332,916 | 17.0M - 18.0M | ||||
| Julcani | 666,236 | 647,883 | 1,314,118 | 2.6M - 2.8M | ||||
| Mallay | 320,372 | 380,369 | 700,742 | 1.0M - 1.3M | ||||
| Tambomayo | 0 | 295,379 | 295,379 | 1.6M - 1.9M | ||||
| El Brocal | 1,044,908 | 976,757 | 2,021,665 | 3.5M - 4.5M | ||||
| Zinc (MT) | ||||||||
| El Brocal | 16,903 | 12,166 | 29,069 | 50k - 60k | ||||
| Uchucchacua 1 | 1,882 | 2,867 | 4,749 | 7.5k - 8.5k | ||||
| Mallay | 2,174 | 2,244 | 4,418 | 7.0k - 9.0k | ||||
| Tambomayo | 0 | 59 | 59 | 2k - 5k | ||||
| Copper (MT) | ||||||||
| El Brocal | 11,155 | 10,308 | 21,463 | 55K - 65K | ||||
| Cerro Verde | 118,744 | TBA | TBA | 500k - 550k | ||||
| 1. Production from 2Q17 considers 82,525 Ag Oz and 82.43 Zn MT from Uchucchacua´s material treated in Mallay´s processing plant. | ||||||||
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 and 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 and 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 persons indicated above, or download a PDF format file from the Company’s web site.
(*) Operations wholly owned by Buenaventura
