BVN Compania De Minas Buenaventura SA

Compañía de Minas Buenaventura S.A.A. (“Buenaventura”) (NYSE:BVN; Lima Stock Exchange:BUE.LM), Peru’s largest publicly traded, precious metals mining company today announced preliminary 1Q15 production results and 2015 operating guidance.

1Q15 Production per Metal Results and2015 Operating Guidance (100% basis)

                 

1Q15 (Actual)

     

2015 (Estimated)

     

Gold (Oz.)

               

Orcopampa

      50,068       190k - 205k

La Zanja

      30,455       138k - 142k

Tantahuatay

      30,207       138k - 142k

Yanacocha

      248,055       880k - 940k     Silver (Oz.)                

Uchucchacua

      3,529,174       14.5M - 15.0M

Julcani

      816,352       2.9M - 3.1M

Mallay

      307,254       1.1M - 1.3M

El Brocal

      982,254       5.8M - 6.2M     Zinc (MT)                

El Brocal

      14,020       75K - 85K

Uchucchacua

      1,586       6.8K - 7.3K

Mallay

      2,179       9.1K - 9.7K   Copper (MT)                

El Brocal

      3,869       30K - 35K

Cerro Verde

      TBA       250K - 280K  

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 San Gabriel 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.

Compañia de Minas Buenaventura S.A.A.Lima: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 Borja, 212-406-3691/3693