Buenaventura Mining Files 6-K for Material Information
Ticker: BVN · Form: 6-K · Filed: Jan 13, 2025 · CIK: 1013131
Sentiment: neutral
Topics: regulatory-filing, material-information
TL;DR
Buenaventura dropped a 6-K on Jan 13th - material info coming.
AI Summary
Compañía de Minas Buenaventura S.A.A. (Buenaventura) filed a Form 6-K on January 13, 2025, to report material information as of January 8, 2025. The filing is a notice to the Superintendencia del Mercado de Valores regarding an unspecified material event.
Why It Matters
This filing indicates that Buenaventura is disclosing important, potentially market-moving information to regulators, which could impact investor decisions.
Risk Assessment
Risk Level: medium — The filing itself is routine, but the 'material information' it refers to could contain significant news impacting the company's stock.
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
- January 8, 2025 (date) — Date of notice
- January 13, 2025 (date) — Filing date
FAQ
What specific material information is Buenaventura disclosing?
The provided text of the 6-K filing does not specify the content of the material information, only that a notice was sent on January 8, 2025.
When was the notice of material information sent?
The notice of material information was sent on January 8, 2025.
What is the primary purpose of this Form 6-K filing?
The Form 6-K is filed by Buenaventura to report material information to the Superintendencia del Mercado de Valores, as required by regulations.
What is Buenaventura's principal executive office address?
Buenaventura's principal executive office is located at AV. BEGONIAS NO. 415, 19TH FLOOR, SAN ISIDRO, LIMA, PERU.
Does Buenaventura file annual reports under Form 20-F or 40-F?
Buenaventura indicates it files annual reports under cover of Form 20-F.
Filing Stats: 579 words · 2 min read · ~2 pages · Grade level 15 · Accepted 2025-01-13 16:35:29
Filing Documents
- tm253151d1_6k.htm (6-K) — 18KB
- tm253151d1_6kimg001.jpg (GRAPHIC) — 3KB
- 0001104659-25-003066.txt ( ) — 23KB
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 January, 2025 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 January 8, 2025 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, we inform you that: We refer to the Notice of Material Information filed on December 30, 2024, by which we informed that Buenaventura has been awarded the Private Initiative in Assets Projects referred to as “Social Management, Design and Execution of Hydraulic Infrastructure Projects, Construction, Implementation and Exploitation of the Mining Concessions of the TG-3 Deposit of the El Algarrobo Project” (hereafter, the “El Algarrobo” project). In this respect, we hereby provide supplemental information related to the aforementioned project: In alignment with the strategy outlined by Buenaventura’s Board of Directors, which is focused on increasing company participation in copper projects or operations, we have been awarded the El Algarrobo Project, which includes the TG-3 mineralized deposit, with copper, silver and zinc contents. In this regard, it is important to highlight El Algarrobo consists of three phases: · The first phase consists of a three-year period to reach a social agreement with the Apostol Juan Bautista de Locuto Rural Community for the development of the El Algarrobo Project. · Once the aforementioned agreement has been reached, the second phase of the Project will begin, which involves a five-year term for the management and obtaining of permissions and authorizations, the development of mining exploration activities, the elaboration of a Bankable Feasibility Study and the execution of the water project. Additionally, during this phase, Buenaventura will be able to exercise its option right granted by the State over the mining concessions found in the TG-3 deposit, provided that the project is deemed to be profitable and aligns with Buenaventura’s long-term strategy regarding reserves, production and life of mine. · In the case Buenaventura determines the viability of the Project, the third phase will proceed after exercising the option and signing the contract for the transfer of mining concessions, at which time Buenaventura will proceed with the design and construction of the future mining operation, which has a cost oscillating between US$ 400 million and US$ 800 million. 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: January 13, 2025 By: /s/ DANIEL DOMÍNGUEZ VERA Name: Daniel Domínguez Vera Title: Market Relations Officer