Buenaventura Announces Asset Sales, Enhanced Financial Resources
Retrieved on:
Tuesday, February 8, 2022
Mining, Minerals, Natural Resources, Private Securities Litigation Reform Act, Press release, Silver, Sumitomo Corporation, Metal, Public expenditure, Trapiche, Company, Sale, Person, Efficiency, Orcopampa Airport, PDF, Ownership, Cerro Verde, Copper, NYSE, Mining, Lima Stock Exchange, Gold, Partnership, BVN, Acquisition, Cryptocurrency, Boca de la Zanja, Newmont Corporation
Buenaventuras interest in the Chaupiloma royalty will remain unchanged aligned with our belief that Yanacocha is a world-class asset.
Key Points:
- Buenaventuras interest in the Chaupiloma royalty will remain unchanged aligned with our belief that Yanacocha is a world-class asset.
- The announced transactions enable Buenaventura to further focus on the portfolio, accelerate deleveraging and support increasing shareholder returns.
- Maintaining and further improving financial strength is a core principle of Buenaventuras strategy, and debt reduction remains a priority.
- Our more than 30-year partnership with Newmont has significantly enhanced our portfolio while enabling us to continuously learn and grow.