Tuesday, May 26, 2020

Analysis Of Compania De Minas Buenaventura S.a Essay

Compaà ±ia de Minas Buenaventura S.A.A. is the leading Peruvian mining company and one of the largest owners of mining rights among precious metals in Peru. Founded in 1953, Buenaventura has focused on mining processing, development, and exploration of gold, silver, coal, lead, molybdenum, and zinc. Some highlights of the company [1]: †¢ Owns two growing underground gold mines, as well as the world’s 4th largest silver mine. †¢ Possesses an aggressive and proven exploration program. †¢ Own a 43.65% stake in Yanacocha, Latin America’s largest gold mine and the most profitable in the world. †¢ Producer of the best geological information in Peru. †¢ Seeks to expand its reserves production and earnings. †¢ Listed on Lima Stock Exchange (BUE.LM) since 1971 and on The New York Stock Exchange (NYSE: BVN) since 1996. Buenaventura’s Code of Business Conduct and Ethics is oriented to the Board of Directors of the company. It set some important aspects and basic behaviors that all members of the company must follow. The document is divided into 5 parts [2]. 1. Purpose, where it is established the main goal of the document. 2. Administration / Applicability / Violations, where it is established the scope and disciplinary actions of the document. 3. Policy Guidelines, part of the document where the Board of Directors set the main policies guidelines that will set the standards for conducting the company business. 4. Reporting Illegal or Unethical Behavior, where the Board of Directors

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