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Compañía de Minas Buenaventura S.A.A.

Company Detail

Description

Compañía de Minas Buenaventura S.A.A. is a Peruvian miner engaged in the exploration for, and the mining and processing of, gold, silver and other metals. The company, the country's largest locally owned precious metals producer, operates several mines in Peru (Orcopampa, Uchucchacua, Poracota, Tantahuatay, La Zanja, Río Seco, Julcani, Antapite and Mallay) and has a controlling interest in local mining company El Brocal. In 2013, mining company Cedimin, which was controlled by Buenaventura, was absorbed by the latter. Buenaventura, through a JV with Newmont Mining Corp., also owns 43.65% of Yanacocha, Latin America's largest gold mine, and 19.58% of copper producer Cerro Verde. The company recently announced that it will start operations at its San Gabriel (formerly Chucapaca) gold-copper project by 2018. Buenaventura was founded in 1953 and is headquartered in Lima.

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