Buenaventura Announces Voluntary Retirement of Vice President of Explorations
January 07 2015 - 5:20PM
Business Wire
Compañia de Minas Buenaventura S.A.A. (“the Company” or
“Buenaventura”) (NYSE:BVN; Lima Stock Exchange:BUE.LM) announced
today the voluntary retirement of Mr. Cesar Vidal, Vice President
of Explorations. The Company appreciates his contribution to the
growth of Buenaventura; Mr. Vidal retires after 24 years of
successful work. Mr. Vidal will be retained as a consultant.
Mr. Raul Benavides, current Vice President of Business
Development, will be responsible for overseeing Explorations,
effective January, 1, 2015.
Mr. Juan Carlos Salazar, current Manager of Explorations, will
report directly to Mr. Raul Benavides. Mr. Salazar (43) is a
Geologist Engineer from Universidad Nacional de Ingeniería (UNI).
He obtained a Master’s degree in Geology at The University of
Western Australia and has been with Buenaventura since 1999. He was
appointed Manager of Explorations, reporting to Mr. Vidal, in
2012.
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*, Breapampa*, Mallay*, Julcani*, El
Brocal, La Zanja and Coimolache).
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 2013 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
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.
Lima:Compañia de Minas Buenaventura S.A.A.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 / Rafael
Borja212-406-3691/3693buenaventura@i-advize.com
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