Buenaventura Reaches Commercial Production at Tambomayo
Lima, Peru, September 5, 2017 – Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced that the processing plant at the Tambomayo project located in Arequipa, which was commissioned in December of 2016, has successfully completed the ramp up process. Tambomayo has stably operated at 1,500 TPD (full capacity) over a period exceeding two weeks.
Chief Executive Officer Victor Gobitz reiterated that the commissioning and ramp up of the plant had been completed on schedule and commercial operation was reached by September 1, 2017, “This achievement is further demonstration of the skills and dedication of our team and the ability to deliver on our promises,” he said.
As announced in April, Tambomayo´s guidance for 2017 is 60k – 90k gold ounces and 1.6M – 1.9M silver ounces and for a full year of production Tambomayo will produce 120k – 150k gold ounces and 3M – 4M silver ounces.Download PDF