Buenaventura Mining Files 6-K for December 2024

TL;DR

Buenaventura Mining (BVN) filed a 6-K on Dec 11, 2024, reporting material info for December.

AI Summary

Compañía de Minas Buenaventura S.A.A. filed a Form 6-K on December 11, 2024, to report material information to the Superintendencia del Mercado de Valores. The filing is for the month of December 2024 and concerns the company's operations as a foreign issuer.

Why It Matters

This filing provides timely updates on significant events or information from Buenaventura Mining, which could impact investor decisions and the company's stock performance.

Risk Assessment

Risk Level: low — This is a routine filing for a foreign issuer to report material information, not indicating any immediate operational or financial distress.

Key Players & Entities

• Compañía de Minas Buenaventura S.A.A. (company) — Registrant
• Buenaventura Mining Company Inc. (company) — English translation of registrant's name
• Superintendencia del Mercado de Valores (company) — Recipient of notice
• December 10, 2024 (date) — Date of notice
• December 11, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $550 million — currency, as well as the ratings of the $550 million senior unsecured bonds maturing in 2026

Filing Documents

• tm2430822d1_6k.htm (6-K) — 15KB
• image_001.jpg (GRAPHIC) — 2KB
• 0001104659-24-127667.txt ( ) — 19KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of December, 2024 Commission File Number: 001-14370 COMPANIA DE MINAS BUENAVENTURA S.A.A. (Exact name of registrant as specified in its charter) BUENAVENTURA MINING COMPANY INC. (Translation of registrant’s name into English) AV. BEGONIAS NO. 415, 19TH FLOOR, SAN ISIDRO, LIMA, PERU (Address of principal executive office) 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 Form 40-F 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): Yes No 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): Yes No Free translation into English December 10, 2024 Messrs. Superintendencia del Mercado de Valores Ref.: Notice of Material Information Dear Sirs: Through this notice and in accordance with Article 16.1 of the Regulation on Material and Reserved Information , SMV Resolution No. 005-2014-SMV-01 (hereinafter, the “Regulation”), we inform you that: Compañía de Minas Buenaventura S.A.A. (“Buenaventura”) is pleased to announce that Fitch Ratings (“Fitch”) has upgraded the company’s long-term issuer ratings in both local and foreign currency, as well as the ratings of the $550 million senior unsecured bonds maturing in 2026, from BB- to BB, with a stable outlook. This upgrade reflects Fitch’s expectations of an increase in production, greater operational diversification, and a low level of leverage. Fitch also highlights the expected growth in Buenaventura’s production, driven by the restart of Uchucchacua and the commissioning of San Gabriel in the second half of 2025. Furthermore, it points out the progress in cost reduction, the extension of the life of key mines, and the reduced dependence on dividends from Cerro Verde as key factors contributing to the rating upgrade. This improvement in the credit rating reaffirms Buenaventura’s commitment to generating greater value for its shareholders. Our efforts are focused on mitigating the risks associated with the construction of San Gabriel, adhering to the established timelines and CAPEX, while continuing to optimize cost reductions in our operations to increase profitability and maintain a strong financial position. Sincerely, DANIEL DOMINGUEZ VERA MARKET RELATIONS OFFICER COMPAÑIA DE MINAS BUENAVENTURA S.A.A. 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. Date: December 11, 2024 By: /s/ DANIEL DOMÍNGUEZ VERA Name: Daniel Domínguez Vera Title: Market Relations Officer

View Full Filing

View this 6-K filing on SEC EDGAR