Roque Benavides

Roque Benavides leads Compañía de Minas Buenaventura as Executive Chairman, continuing the family legacy in Peruvian mining that spans over seven decades. Buenaventura is Peru's largest publicly listed precious metals company, operating gold and silver mines in the Andean highlands at extreme altitudes (often above 4,000 meters). The company's operations include wholly-owned mines (Orcopampa, Uchucchacua, Julcani, Tambomayo) and strategic stakes in joint ventures and associated companies — most notably a 43.65% stake in Sociedad Minera Cerro Verde (one of the world's largest copper mines, partnered with Freeport-McMoRan) and a stake in Yanacocha (South America's largest gold mine, partnered with Newmont). Peruvian mining operates in a complex social and political environment: community relations, water rights, environmental permitting, and political instability (Peru has had frequent presidential changes) all affect operations. Buenaventura has navigated these challenges for decades through the Benavides family's deep relationships and local expertise. Key stock drivers include gold and silver prices, copper prices (via Cerro Verde), mine production volumes, all-in sustaining costs, Peruvian political stability, community relations, new project development, and the company's ability to extend mine lives through exploration.