Companhia de Minas Buenaventura ADR

• Compania de Minas Buenaventura ADR (Peru) mines in Peru. It 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 three mines in Peru and also has controlling interests in four mining companies as well as a minority interest in several other mining companies in Peru. (Julcani, Recuperada, Uchucchacua, Orcopampa, Antapite, and Ishihuinca; controlling interests in mining companies which operate the Shila-Paula and Colquijirca mines.) The Company owns 43.65% in Minera Yanacocha S.R.L. (a partnership with Newmont Mining Corporation), an important precious metal producer and 18.50% in Sociedad Minera Cerro Verde, an important Peruvian copper producer. It sells its metal concentrates to smelters, traders, and banks principally in Peru, Europe, North America, Asia, Oceania, and South America. The company was founded in 1953 and is headquartered in Lima, Peru.