BVN Compania De Minas Buenaventura SA

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Compañía de Minas Buenaventura S.A.A.

(Buenaventura Mining Company Inc.)

(Name of Issuer)

ADSs, each representing one common share, nominal (par) value of ten Peruvian

Soles per share

(Title of Class of Securities)

204448104**

(CUSIP Number)

Legal Vice President

Av. Apoquindo 4001, Piso 18

Las Condes, Santiago, Chile 7550162

(+ 56 2 2798 7000)

With copies to:

Cleary Gottlieb Steen & Hamilton LLP

Attention: Jeffrey Lewis, Adam Brenneman and Michael Dayan

One Liberty Plaza, New York NY 10006

(212) 225-2000 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

January 24, 2024

(Date of Event Which Requires Filing of This Statement)

If the filing persons have previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

This Amendment No. 1 (this “Amendment”) amends and supplements the Schedule 13D filed by the Reporting Persons on December 15, 2023 (the “Original Schedule 13D” and, as amended and supplemented by this Amendment, the “Schedule 13D”) with respect to the ADSs. Capitalized terms used in this Amendment and not otherwise defined shall have the same meanings ascribed to them in the Original Schedule 13D.

Item 4. Purpose of the Transaction

Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows:

As previously disclosed, since December 12, 2023, the Reporting Persons and the Issuer have engaged in discussions on a proposal by the Reporting Persons for Antofagasta to be represented on the Board. On January 22 and 23, 2024, representatives of the Reporting Persons and the Issuer met to discuss such proposal and the Issuer indicated that it intended to hold a Board meeting to vote on calling a general shareholders meeting for shareholders of the Issuer to vote on an amendment to the bylaws of the Issuer (the “Bylaws”) that would increase the size of the Board from seven to nine members (the “Board Size Amendment”).

The Issuer publicly filed a Hecho de Importancia on January 24, 2024 with the Superintendencia del Mercado de Valores in Peru (the “HI”), stating that earlier that day the Board agreed to call a general shareholders meeting on February 22, 2024 for shareholders of the Issuer to vote on the Board Size Amendment, that, if approved, would subsequently make it possible to propose to the general shareholders’ meeting the appointment of two directors nominated by Antofagasta. The Issuer stated in the HI that it considers that Antofagasta’s contribution to the Board would add value to its composition, considering its experience and knowledge in the mining sector.

The Reporting Persons have not signed a written agreement with respect to the foregoing matters.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 of the Original Schedule 13D is hereby amended and supplemented as follows:

The Issuer filed a Hecho de Importancia on January 24, 2024 with the Superintendencia del Mercado de Valores in Peru. The Reporting Persons are not a party to such Hecho de Importancia, but understand the matters disclosed therein reflect the Issuer’s Board’s agreement to call a general shareholders’ meeting for the approval of an amendment to the Issuer’s Bylaws expanding the size of the Board that, if approved, would subsequently make it possible to propose to the general shareholders’ meeting the appointment of two directors nominated by Antofagasta. A copy of such Hecho de Importancia is attached as Exhibit 4 to this Schedule 13D and is incorporated by reference herein.

Item 7. Material to be Filed as Exhibits

Item 7 of the Original Schedule 13D is hereby amended to add the following Exhibit:

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

Date: January 25, 2024

Exhibit 4

This document is a free translation only. Due to the complexities of language translation, translations are not always precise. The original document was prepared in Spanish, and in case of any divergence, discrepancy or difference between this version and the Spanish version, the Spanish version shall prevail. There is no assurance as to the accuracy, reliability or completeness of the translation. Any person reading this translation and relying on it should do so at their own risk.

Lima, January 24th, 2024.

Dear Sirs,

Superintendency of the Securities Market

Present.-

Subject:             Material Fact

From our consideration:

Hereby and in accordance with the Regulation of Material Facts and Reserved Information, Resolution SMV No. 005-2014-SMV-01 (hereinafter, the “Regulation”), we comply with reporting the following as a Material Fact:

Following the conversations held between representatives of the Company and of Antofagasta plc (hereinafter, “Antofagasta”), the Board of Directors of the Company has agreed to call a General Shareholders’ Meeting to be held on February 22 of this year, to submit for its consideration the partial amendment of the bylaws in order to increase the number of directors from seven to nine.

This amendment would subsequently allow proposing to the General Shareholders’ Meeting the appointment of two directors proposed by Antofagasta, taking into consideration the right it has based on the percentage of its owned shares.

In this regard, the Company considers that Antofagasta’s contribution to the Board of Directors would add value to its composition , considering its experience and knowledge in the mining sector.

Sincerely,

Daniel Domínguez Vera

Stock Representative

COMPAÑÍA DE MINAS BUENAVENTURA S.A.A.

Signed Digitally by:

DANIEL DOMINGUEZ VERA

Date: 01/24/2024 07:22:03 p.m.