Report of Foreign Issuer (6-k)
December 30 2016 - 5:08PM
Edgar (US Regulatory)
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of December 2016
BUENAVENTURA MINING COMPANY INC.
(Translation of Registrant's Name into English)
Calle
Las Begonias 415
San
Isidro, Lima, PerU
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
¨
Indicate by check mark whether the registrant
by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.
Yes
¨
No
x
If "Yes" is marked, indicate
below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________________.
BUENAVENTURA ANNOUNCES THE FIRST DORÉ
BAR PRODUCED AT TAMBOMAYO
Lima, Peru, December 30, 2016 -
Compañía
de Minas Buenaventura S.A.A. (“Buenaventura”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly
traded, precious metals mining company announced today that the commissioning of the processing plant of the Tambomayo project
located in the district of Tapay, province of Caylloma (Arequipa) was successfully completed in December. The ramp-up started immediately
obtaining the first doré bar on December 30.
The metallurgical process at Tambomayo
consists of primary crushing, grinding and cyanidation in tanks that later will be processed on a Merrill-Crowe plant. The precipitate
will be dried and smelted obtaining doré-bars (gold and silver). The tailings of the cyanidation process will enter into
a flotation process to obtain lead and zinc concentrates.
Project overview:
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1.
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Reserves and resources: 2.6M MT, 700k Au Oz and 22.9M Ag Oz
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2.
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Plant Capacity: 1,500 MTD
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4.
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Construction time of the mine and plant: 36 months
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5.
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Estimated annual production: 140k – 160k Au ounces, 3.3M – 3.8M Ag ounces
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6.
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Estimated commercial operation date: March – April 2017
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***
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*, Mallay*, Julcani*, El Brocal, La Zanja and Coimolache) and is developing the Tambomayo
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.
(*) 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
Contacts in Lima:
Carlos Galvez, Chief Financial Officer
Tel: (511) 419-2540
Daniel Dominguez, Manager of Financial Planning and Investor
Relations
Tel: (511) 419-2591
Email:
daniel.dominguez@buenaventura.pe
Rodrigo Echecopar, Investor Relations Coordinator
Tel: (511) 419-2609
Email: rodrigo.echecopar@buenaventura.pe
Contacts in New York
Maria Barona - Rafael Borja
i-advize Corporate Communications
Tel (212) 406 3691 - 3693
Signature
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Compañía de Minas Buenaventura S.A.A.
/s/ CARLOS E. GALVEZ PINILLOS
Carlos E. Gálvez Pinillos
Chief Financial Officer
Date:December 30, 2016
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