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Second National Reconcilation Study EITI Peru - unofficial…

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Consultancy for the <strong>Second</strong> <strong>National</strong> Reconciliation <strong>Study</strong> of the Extractive<br />

Industries Transparency Initiative (<strong>EITI</strong>) in <strong>Peru</strong> (2008 – 2010) (Continuation)<br />

General Table of distribution of Validity Rights for the 2008 – 2010 periods<br />

Present table provides a comparison between total amounts collected for the period under review (2008-<br />

2010) and total amounts distributed. According to the INGEMMET distribution methodology, 75% of the<br />

amount collected must be distributed to the districts located within the area of influence. The remaining<br />

25% is used to cover operating expenses of INGEMMET .<br />

No. Company<br />

Consultancy for the <strong>EITI</strong> <strong>Peru</strong> Multi-Sector Permanent Working Committee<br />

Amount<br />

according to<br />

INGEMMET<br />

distribution<br />

2008 - 2010 (USD $)<br />

Amount<br />

according to<br />

INGEMMET<br />

collection<br />

Ratio % Ref.<br />

1 Anglo American Exploration Perú S.A. 272,292 449,154 61% (i)<br />

2 Anglo American Michiquillay S.A. 76,398 102,462 75%<br />

4 Anglo American Quellaveco S.A. 487,088 661,449 74%<br />

5 Compañias de Minas Buenaventura S.A.A 3,002,301 4,196,848 72%<br />

6 Compañía minera Antamina S.A. 378,564 504,750 75%<br />

7 Compañía minera Atacocha S.A.A 27,576 39,931 69% (i)<br />

8 Compañía minera Milpo S.A.A. 917,900 1,276,775 72%<br />

9 Compañía minera Poderosa S.A. 591,822 801,451 74%<br />

10 Compañía minera San Juan (Perú) S.A. 21,088 29,046 73%<br />

11 Consorcio Minero Horizonte S.A. 532,031 728,680 73%<br />

12 Empresa Minera Los Quenuales S.A. 652,954 941,498 69% (i)<br />

13 Minera Barrick Misquichilca S.A. 788,572 1,149,763 69% (i)<br />

14 Minera Pampa de Cobre S.A 484,302 657,543 74%<br />

15 Minera Yanacocha S.R.L. 1,885,666 2,517,226 75%<br />

16 Minsur S.A. 793,145 1,098,491 72%<br />

17 Rio Tinto Minera Perú Limitada S.A.C. 38,475 51,300 75%<br />

18 Sociedad Minera Cerro Verde S.A.A. 399,601 547,065 73%<br />

19<br />

Southern Perú Copper Corporation, <strong>Peru</strong><br />

Division<br />

1,436,916 1,992,946 72%<br />

20 Xstrata Tintaya S.A. 688,749 918,332 75%<br />

NOTES<br />

Aggregated companies (ii) 3,966,072 5,259,319 75%<br />

Total 17,441,512 23,924,029 73%<br />

(i) Differences over 5% in the ratios of the amount distributed are due to inconsistencies in INGEMMET registers.<br />

(ii) Detail of aggregate companies:<br />

- Lumina Copper S.A.C.<br />

- Gold Fields La Cima S.A.A.<br />

- Castrovirreyna Compañía minera S.A.<br />

- Catalina Huanca Sociedad Minera S.A.C.<br />

- Compañía minera Argentum S.A.<br />

- Compañía minera Condestable S.A.<br />

- Compañía minera Raura S.A.<br />

- Minera Bateas S.A.C.<br />

- Pan American Silver S.A. Mina Quiruvilca<br />

- Sociedad Minera El Brocal S.A.A.<br />

- Compañía minera Ares S.A.C.<br />

- Minera Suyamarca S.A.C.<br />

- Volcan Compañía minera S.A.A.<br />

142

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