Buenaventura (Mining company)
Encyclopedia
Buenaventura is the largest owner of mining rights in Peru among precious metals companies. The Company is engaged in the mining, processing, development and exploration of gold
, silver
, coal
, lead
, molybdenum
and zinc
via wholly owned mines, as well as through its participation in joint exploration projects.
Buenaventura operates seven mines in Peru and has controlling interests in another mining company (El Brocal
) as well as minority interests in several other mining companies, including a significant ownership interest in Yanacocha (43.65%), via a partnership with Newmont Mining, one of the most important gold mining companies in the world, and Cerro Verde (18.50%), an important Peruvian copper producer located in the southern Peru.
The company has been listed on the Lima Stock Exchange since 1971 and on New York Stock Exchange
since 1996.
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...
, silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...
, coal
Coal
Coal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...
, lead
Lead
Lead is a main-group element in the carbon group with the symbol Pb and atomic number 82. Lead is a soft, malleable poor metal. It is also counted as one of the heavy metals. Metallic lead has a bluish-white color after being freshly cut, but it soon tarnishes to a dull grayish color when exposed...
, molybdenum
Molybdenum
Molybdenum , is a Group 6 chemical element with the symbol Mo and atomic number 42. The name is from Neo-Latin Molybdaenum, from Ancient Greek , meaning lead, itself proposed as a loanword from Anatolian Luvian and Lydian languages, since its ores were confused with lead ores...
and zinc
Zinc
Zinc , or spelter , is a metallic chemical element; it has the symbol Zn and atomic number 30. It is the first element in group 12 of the periodic table. Zinc is, in some respects, chemically similar to magnesium, because its ion is of similar size and its only common oxidation state is +2...
via wholly owned mines, as well as through its participation in joint exploration projects.
Buenaventura operates seven mines in Peru and has controlling interests in another mining company (El Brocal
El Brocal
El Brocal is a Peruvian mining company engaged in the extraction, concentration and sale of precious and non-ferrous metals. The company operates the Colquijirca mine and Huaracauca concentration plant....
) as well as minority interests in several other mining companies, including a significant ownership interest in Yanacocha (43.65%), via a partnership with Newmont Mining, one of the most important gold mining companies in the world, and Cerro Verde (18.50%), an important Peruvian copper producer located in the southern Peru.
The company has been listed on the Lima Stock Exchange since 1971 and on New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
since 1996.