Peruvian Delegation

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Peruvian Delegation INTERNATIONAL MAGAZINE Peruvian Delegation Interviews: Peruvian Mining Francisco Ísmodes, Minister of Energy and Mines Projects Portfolio Raúl Jacob, Vice President of Finance of Southern Copper Corporation Victor Gobitz, CEO of Compañia de Minas Buenaventura More than12 YEARS IN THE MINING SECTOR Organized by: June 25-26 Miners and Suppliers Meeting Place: COME AND JOIN US AT THE FAIR - 100% GUARANTEED RESULTS ! FAIR - BUSINESS ROUNDTABLE- INTERNATIONAL SEMINAR ALL IN ONE PLACE ! YOUR BEST INVESTMENT ! FAIR INTERNATIONAL MINING FAIR MINERS AND SUPPLIERS BUSINESS INTERNATIONAL MINING ROUNDTABLE SEMINAR Mining companies invited: Compañía de Minas Buenaventura S.A.A. - Southern Peru Copper Corporation - Compañía Minera Antamina S.A. - Minera Chinalco Perú S.A. - Volcan Compañía Minera - Minsur S.A. - Aruntani S.A.C. - Hudbay Minerals - Empresa Minera Los Quenuales S.A. - Pan American Silver Corp. - Zincore Metals Inc. - Exploraciones Collasuyo S.A.C. - Compañía Minera Aurífera Santa Rosa S.A. - Minera Barrick Misquichilca S.A. - Consorcio Minero Horizonte S.A. - Sociedad Minera El Brocal S.A.A. - Sociedad Minera Cerro Verde S.A.A. - Compañía Minera Caraveli S.A.C. - Compañía Minera Caudalosa S.A. - Compañía Minera Miski Mayo S.R.L. - Minera Poderosa S.A. - Compañía Minera San Simón S.A. - Minera Aurífera Retamas S.A. - Minera Yanacocha S.R.L. - Rio Tinto Mining and Exploration S.A.C. - Nexa Resources - Minera Santa Luisa S.A. - Alturas Minerals S.A. - Compañía Minera Ares S.A.C. Gold Sponsor: Silver Sponsor: Copper Sponsor: Official Magazine: BOOTHS SALES: [email protected] www.minproperu.com T: (511) 628 6300 Anx: 165 / 125 SUPLEMENTO PDAC EDITORIAL/ EDITORIAL Dear friends, on behalf of Grupo Estimados amigos, en nombre del Grupo Digamma, it is an honor for me to Digamma, es un honor para mí presentar present the first international version la primera versión internacional de of our magazine Rumbo Minero PDAC. nuestra revista Rumbo Minero PDAC. This is our contribution to the Peruvian Este es nuestro aporte a la delegación delegation and PERU, an edition in peruana y al PERÚ con el fin de presentar Spanish and English for investors and una edición en español e inglés que llegue mining companies. a inversionistas y empresas mineras. I would also like to mention that Quisiera mencionarles también que, la formal mining in Peru will remain the minería formal en el Perú se mantendrá main engine for national economic como el principal motor para el desarrollo development. According to the Ministry económico nacional. De acuerdo con of Energy and Mines, the investments el Ministerio de Energía y Minas, las generated by this activity will represent inversiones generadas por esta actividad 50% of the growth of private capital in representarán el 50% del crecimiento de the country los capitales privados en el país. Definitely, Peru meets all the conditions Definitivamente, el Perú reúne todas to be a great destination for mining las condiciones para ser un gran destino investments; therefore, it is not strange de inversiones mineras; por ello no es that our country once again participates, extraño que nuestro país nuevamente as successfully as in recent years, in participe, de manera tan exitosa como PDAC, the most important mining en los últimos años, en el PDAC, la convention in the world, and manages Convención Minera más importante del to capture the interest of entrepreneurs mundo, y logre captar el interés de los and investors. empresarios e inversionistas. The entry of new capital will not only El ingreso de nuevos capitales no solo strengthen the portfolio of mining reforzará la cartera de proyectos projects that exceeds US$ 59,000 mineros, la cual supera los US$ 59,000 Jorge León Benavides billion, but will translate into more millones, sino que se traducirá en más resources to improve the quality of life recursos que permitan mejorar la calidad Grupo Digamma CEO of thousands of Peruvians. de vida de miles de peruanos. I hope you enjoy this publication that Espero disfruten de esta publicación que helps to show the qualities of Peru and contribuye a mostrar las cualidades del its responsible mining Perú y de su minería responsable. Hurray for the Peruvian mining! ¡Viva la minería peruana! Suplemento PDAC SUPLEMENTO PDAC CEO:: Jorge León Benavides Deputy General Manager: Mónica León Benavides Index / Índice Image Manager: Gabriela Chicoma Commercial Manager: REPORT Rosibel Gonzales INFORME Mining Investments Grow In Peru Coordinator: Miguel Zavala Torres Crecen las inversiones mineras en el Perú Advertising & Marketing: Jeanette Michaud 10 [email protected] Mónica Medina [email protected] Nita Ochoa [email protected] Olga Portal [email protected] Jessica Rodriguez INTERVIEW / [email protected] ENTREVISTA Norka Solís FRANCISCO ÍSMODES MEZZANO [email protected] Minister of Energy and Mines / Coordinating Editor: Ministro de Energía y Minas (MEM) Takeshi Chacón [email protected] 22 Journalists: Bryan Quinde Obregón [email protected] Erick Rivera [email protected] Head of Design : INTERVIEW / José Ramirez Velarde ENTREVISTA HENRY LUNA Design and Layout: Ingemmet CEO / André Rodríguez Arias Presidente Ejecutivo del Ingemmet Gissele Bandenay Fischer Coordination: 30 Rosa Carpio Zavaleta Photography: F45 fotografía industrial Andina Arturo Bullard G. INTERVIEW / Archivo Rumbo Minero ENTREVISTA RAÚL JACOB RUISÁNCHEZ Information: Vice president of Finance of Southern [email protected] Peru Copper Corporation / Prepress & Printing: Vicrepresidente de Finanzas de Servicios Gráficos JMD S.R.L. 36 Southern Peru Copper Corporation Published by: EDITORA DIGAMMA SAC Av. Arequipa 4035 Miraflores Telephone: (51 1) 628 6300 Fax: 222-3804 [email protected] INTERVIEW / VÍCTOR GOBITZ Legal Deposit has been made in the National ENTREVISTA Libray of Peru 2006-9425 - Rumbo Minero General Manager - Compañia de Minas Buenaventura Rumbo Minero does not necessarily sympathize with the opinion expressed in the articles Gerente General Compañía de Minas published in this edition. Text reproduction is Buenaventura authorized provided the source is mentioned. 42 2 . 3 Suplemento PDAC Suplemento PDAC Buenaventura, 65 años de minería responsable que aporta al desarrollo del Perú 3 Suplemento SUPLEMENTOPDAC PDAC MINING NUMBERS / CIFRAS MINERAS Southern Peru Copper Corporation Peru total investment in 2018, according to the Ministry of Energy and Mines (MEM). US$ 615 Invirtió en total Southern Peru Copper Corporation, Sucursal MILLION / MILLONES del Perú durante el 2018, según reveló el Ministerio de Energía y Minas (MEM). It was the export value -in real terms- of Peruvian zinc to China at the end of 2018, as reported by the National Institute of Statistics and Informatics (INEI). US$ 865 Fue el valor exportado -en términos reales- del zinc peruano MILLION / MILLONES a China al cierre del 2018, según reportó el Instituto Nacional de Estadística e Informática (INEI). Were allocated by mining companies in 2018 for their activities related to the “Beneficiation Plant”. US$ 1,412 Destinaron las empresas mineras a lo largo del 2018 para sus actividades relacionadas al rubro de “Planta de Beneficio”. BILLION / MILLONES Was the increase of Iron production in the period from January to December 2018 with respect to the same period in 2017. 8.26 Creció la producción de hierro en el periodo enero-diciembre PERCENT / POR CIENTO del 2018 en relación con el mismo periodo del 2017. Transferred by the Ministry of Economy and Finance of Peru (MEF) to the accounts of the Regional Government of Ancash as mining canon. S/ 102 Transfirió el Ministerio de Economía y Finanzas (MEF) a las MILLION / MILLONES cuentas del Gobierno Regional de Áncash por concepto de canon minero. 4 . 5 Suplemento PDAC Suplemento PDAC sacyr.com Trabajamos para ser excelentes y seguros en nuestras obras de minería We work in order to be excellent and safe in our mining projects 5 Suplemento SUPLEMENTOPDAC PDAC QUOTES / CITAS FRANCISCO ÍSMODES Minister of Energy and Mines (MEM) / Ministro de Energía y Minas (MEM), “In 2018, Peru’s position as an attractive investment place was strengthened due to the fact that mining investments registered a growth of 26% with respect to 2017, a situation that occurs for the second consecutive year”. “En el 2018, la posición del Perú como plaza atractiva de inversión se for- taleció, debido a que las inversiones mineras registraron un crecimiento de 26% respecto del 2017, situación que se presenta por segundo año consecutivo”. RAÚL JACOB RUISÁNCHEZ HENRY LUNA Vice president of Finance of Southern Peru Copper INGEMMET CEO / Presidente Ejecutivo del INGEMMET Corporation / Vicrepresidente de Finanzas de Southern Peru Copper Corporation “Regarding the location where the mining petitions “The company, we are applications are filed, Puno and currently developing three Arequipa will continue to lead in projects. The company quantity and hectares. However, has almost US$ 8 billion the number of hectares to invest in these three requested in the departments projects and others in Peru of Ayacucho, Lima and Tacna in the next years”. during 2018, is remarkable”. “La empresa, actualmente tiene en el Perú tres proyectos “En cuanto a la ubicación de las solicitudes de petitorios que están siendo desarrollados. Entre estos tres proyec- Puno y Arequipa seguirán liderando en cantidad y hectá- tos y otros más, la empresa tiene alrededor de US$ 8,000 reas. Sin embargo, en el 2018 es notable las hectáreas soli- millones
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