<SEC-DOCUMENT>0001157523-22-000376.txt : 20220331
<SEC-HEADER>0001157523-22-000376.hdr.sgml : 20220331
<ACCEPTANCE-DATETIME>20220330205349
ACCESSION NUMBER:		0001157523-22-000376
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220330
FILED AS OF DATE:		20220331
DATE AS OF CHANGE:		20220330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BUENAVENTURA MINING CO INC
		CENTRAL INDEX KEY:			0001013131
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14370
		FILM NUMBER:		22788714

	BUSINESS ADDRESS:	
		STREET 1:		AVE CARLOS VILLARAN 790
		CITY:			LIMA
		STATE:			R5
		ZIP:			13
		BUSINESS PHONE:		5114192536

	MAIL ADDRESS:	
		STREET 1:		AV. CARLOS VILLARAN 790
		CITY:			LIMA
		STATE:			R5
		ZIP:			13
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a52635177.htm
<DESCRIPTION>BUENAVENTURA MINING COMPANY INC. FORM 6-K
<TEXT>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 14pt;">Washington, D.C.&#160; 20549</div>
    <div>&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">FORM 6-K</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">REPORT OF FOREIGN ISSUER<br>
      PURSUANT TO RULE 13a-16 OR 15b-16 OF<br>
      THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">For the month of March 2022</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">Commission File Number 001-14370</div>
    <div>&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">COMPANIA DE MINAS BUENAVENTURA S.A.A.</div>
    <div style="text-align: center;">(Exact name of registrant as specified in its charter)</div>
    <div>&#160;</div>
    <div style="text-align: center;"><font style="font-size: 16pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">BUENAVENTURA MINING COMPANY INC.</font><br>
      (Translation of registrant&#8217;s name into English)</div>
    <div>&#160;</div>
    <div style="text-align: center;"><font style="font-weight: bold;">Republic of Peru</font><br>
      (Jurisdiction of incorporation or organization)</div>
    <div>&#160;</div>
    <div style="text-align: center;"><font style="font-weight: bold;">CARLOS VILLARAN 790</font><br>
      <font style="font-weight: bold;">SANTA CATALINA, LIMA 13, PERU</font><br>
      <font style="font-weight: bold;">(</font>Address of principal executive offices)</div>
    <div>&#160;</div>
    <div>Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.</div>
    <div>&#160;</div>
    <div style="text-align: center;">Form 20-F ____<u>X</u>___ Form 40-F _______</div>
    <div>&#160;</div>
    <div>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]<br>
      <br>
      <br>
      Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]</div>
    <div>&#160;</div>
    <div>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.</div>
    <div>&#160;</div>
    <div style="text-align: center;">Yes _______ No ___<u>X</u>____</div>
    <div>&#160;</div>
    <div>If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.</div>
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    <div>&#160;
      <div class="bw-release">
        <h1 style="text-align: center; list-style-position: inside;FONT-SIZE: 14pt;"> <b>Buenaventura Announces Receipt of San Gabriel Mine Project Permits</b> </h1>
        <div class="bw-release-subhead">
          <p style="text-align: center; list-style-position: inside;"><b> <b><i>Construction, Development and Exploitation to Commence Immediately</i></b> </b></p>
        </div>
        <div class="bw-release-body">
          <div class="bw-release-table-js bw-release-story">
            <p>LIMA, Peru--(BUSINESS WIRE)--March 30, 2022--<b>Compa&#241;ia de Minas Buenaventura S.A.A.</b> (&#8220;Buenaventura&#8221; or &#8220;the Company&#8221;) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru&#8217;s largest publicly-traded precious metals mining company, today
              announced that the San Gabriel Mine Project has received the Government of Peru&#8217;s approval of all required permits, enabling Buenaventura to immediately commence mining project construction, development and exploitation immediately. </p>
            <p> Buenaventura has begun upon permit confirmation the initial construction of related infrastructure for mine site civil earthworks, for the maintenance of the electric transmission lines, and of mining site housing facilities for
              approximately 2,000 workers. Initial works are expected to be completed by the end of 2022, enabling the appropriate workforce increase required for the construction of broader infrastructure such as waste dumps, tailings dumps, a processing
              plant, among others. </p>
            <p> Total CAPEX for the San Gabriel project is estimated to be between US$ 400M &#8211; US$430M, subject to potential increases related to diesel, explosive, steel, consumable and of other costs due to inflation. The Company expects to invest between
              US$100M &#8211; US$110M in CAPEX during 2022 and US$200M in 2023 related to the San Gabriel project, with the remaining balance invested during 2024. </p>
            <p> Leandro Garcia, Buenaventura&#8217;s CEO, commented, &#8220;The San Gabriel project&#8217;s receipt of permits marks an important milestone enabling this important project to move forward, aligned with Buenaventura&#8217;s strategy to deliver growth projects and
              strengthen our precious metals portfolio. San Gabriel will almost double Buenaventura&#8217;s current gold production starting in 2025 and will contribute between 120k &#8211; 150k gold ounces a year with a more than 10-year LOM.&#8221; He continued, &#8220;The San
              Gabriel Mine Project also contributes important economic and social benefits for our local communities. Receipt of all relevant permits demonstrates local community support of the project, reflected in the important agreements we have reached
              and signed together to ensure our project&#8217;s safe, environmentally responsible and socially favorable success.&#8221; </p>
            <p> <b>Company Description</b> </p>
            <p> Compa&#241;&#237;a de Minas Buenaventura S.A.A. is Peru&#8217;s largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru. The Company is engaged in the exploration, mining development, processing and trade of
              gold, silver and other base metals via wholly-owned mines and through its participation in joint venture projects. Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and
              Coimolache). </p>
            <p> The Company owns 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer (a partnership with Freeport-McMorRan Inc. and Sumitomo Corporation). </p>
            <p> For a printed version of the Company&#8217;s 2019 Form 20-F, please contact the persons indicated above, or download a PDF format file from the Company&#8217;s web site. </p>
            <p> (*) Operations wholly owned by Buenaventura </p>
            <p> <b>Note on Forward-Looking Statements</b> </p>
            <p> 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 Cerro Verde&#8217;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&#8217; plans for capital expenditures, estimates of reserves and Peruvian political, economic, social and legal developments. These forward-looking statements reflect the Company&#8217;s view with respect to Cerro Verde&#8217;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. </p>
          </div>
          <div class="bw-release-contact">
            <h2 style="FONT-SIZE: 14pt;">Contacts</h2>
            <p> Contacts in Lima: <br>
              Daniel Dominguez, Chief Financial Officer <br>
              (511) 419 2540 <br>
              <br>
              Gabriel Salas, Head of Investor Relations <br>
              (511) 419 2591 / Gabriel.salas@buenaventura.pe<br>
              <br>
              Company Website: www.buenaventura.com.pe/ir<br>
              <br>
              Contacts in NY: <br>
              Barbara Cano <br>
              (646) 452 2334 <br>
              barbara@inspirgroup.com </p>
          </div>
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    <div>Signature</div>
    <div><br>
    </div>
    <div style="text-align: justify;">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.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>COMPA&#209;&#205;A DE MINAS BUENAVENTURA S.A.A.</div>
    <div><br>
    </div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div><br>
    </div>
    <div>By: /s/ DANIEL DOMINGUEZ</div>
    <div><br>
    </div>
    <div>Name: Daniel Dominguez</div>
    <div><br>
    </div>
    <div>Title: Chief Financial Officer</div>
    <div><br>
    </div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div><br>
    </div>
    <div>Date: March 30, 2022</div>
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