New York, October 08, 2014 -- Moodys: In last Sunday's regional elections in Peru, Mr. Gregorio Santos, from the MAS (Movimiento Afirmación Social) party, was elected for the government of the province of Cajamarca. We view Mr. Santos' election as credit negative for Buenaventura, as the candidate is clearly against mining activities. Nevertheless, there is no immediate impact on Buenaventura's Baa3 ratings.

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