Second National Reconcilation Study EITI Peru - unofficial…

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Consultancy for the Second National Reconciliation Study of the Extractive Industries Transparency Initiative (EITI) in Peru (2008 – 2010) (Continuation) Notes: (i) Detail of aggregate hydrocarbon companies: 1. Graña y Montero Petrolera S.A. 2. Hunt Oil Company of Perú L.L.C. 3. Savia Perú S.A. 4. SK Innovation Peruvian Division 5. Pluspetrol Norte S.A. 6. Pluspetrol Perú Corporation S.A. 7. Pluspetrol Camisea S.A. 8. Pluspetrol Lot 56 S.A. 9. Maple Gas Corporation del Perú S.R.L. (ii) Detail of aggregate mining companies: 1. Castrovirreyna Compañía minera S.A. 2. Catalina Huanca Sociedad Minera S.A.C. 3. Compañía minera Argentum S.A. 4. Compañía minera Condestable S.A. 5. Compañía minera Raura S.A. 6. Gold Fields La Cima S.A. 7. Minera Bateas S.A.C. 8. Pan American Silver S.A. Mina Quiruvilca 9. Sociedad Minera El Brocal S.A.A. 10. Compañía minera Ares S.A. 11. Minera Suyamarca S.A.C. 12. Volcan Compañía minera S.A.A. Consultancy for the EITI Peru Multi-Sector Working Committee 88
Consultancy for the Second National Reconciliation Study of the Extractive Industries Transparency Initiative (EITI) in Peru (2008 – 2010) (Continuation) VI.2. Mining Royalties Mining royalties are determined for mining companies in operation. Of the universe of companies signed up to the Second Study, 26 of the 33 companies classified as mining companies are in such production stage. Of these 26 companies in operation, 5 have entered tax and administrative stability agreements prior to entry into force of the Mining Royalty Law N° 28258 (June 2004), so the obligation to pay the Mining Royalty is not applicable to such companies in the period under review. Therefore, the universe of companies signed up to the Study which are required to pay mining royalty and for which the applicable reconciliation has been conducted consists of 21 companies Mining companies in the prospecting stage to which mining royalties do not apply are: 1. Anglo American Michiquillay S.A. 2. Anglo American Quellaveco S.A. 3. Anglo American Exploration del Perú S.A. 4. Anglo American Perú S.A. 5. Río Tinto Minera Perú Limitada S.A.C. 6. Lumina Copper S.A.C. Mining companies in production stage which have entered tax and administrative stabilty agreements prior to the entry into force of the Mining Royalty Law N° 28258 (June 2004) and are therefore not required to pay the Mining Royalty during the period under review are: 1. Compañía minera Antamina S.A. 2. Sociedad Minera Cerro Verde S.A.A. 3. Xstrata Tintaya S.A. 4. Minera Barrick Misquichilca S.A. 5. Compañía minera Milpo S.A.A. Consultancy for the EITI Peru Multi-Sector Working Committee 89
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Product 3: Final Report Second Nati
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Lima, 13 December 2011 Mr José Lui
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Contents Executive Summary 9 I. Aim
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