BVN Compania De Minas Buenaventura SA

Compañía 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 4Q14 and 2014 operating results.

Fourth Quarter and 2014 Production per Metal

 

       

4Q14 (Actual)

2014 (Actual)

100% Basis

100% Basis

Attributable *

  Gold (Oz.)      

Orcopampa

54,878 203,226 203,226

Breapampa

13,178 74,807 74,807

La Zanja

34,959 143,724 76,260

Tantahuatay

38,558 143,643 57,594

Yanacocha

322,309 969,944 423,381   Silver (Oz.)      

Uchucchacua

3,395,628 12,055,570 12,055,570

Julcani

782,652 3,084,347 3,084,347

Mallay

309,213 1,216,034 1,216,034

El Brocal

921,625 2,501,839 1,352,744

Others

1,161,435 4,325,316 1,961,829   Zinc (MT)      

El Brocal

8,640 10,162 5,494

Uchucchacua

1,504 6,349 6,349

Mallay

2,333 9,893 9,893   Copper (MT)      

El Brocal

10,749 43,282 23,403   * La Zanja (53.06%), Tantahuatay (40.095%), El Brocal (54.07%) and Yanacocha (43.65%).

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) and is developing the Tambomayo and Chucapaca Projects.

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.

www.buenaventura.com

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