On learning that Julcani Mine planned to terminate operation at Cerro de Pasco, Benavides boldly negotiated a lease and founded Cia de Minas Buenaventura in 1953. Buenaventura quickly expanded its operation becoming the first Latin American mining company to list on the New York Stock Exchange. For over half a century, Cerro de Pasco was the dominant Peruvian producer of copper, lead, silver, zinc and bismuth.
Benavides’ vision elevated Peruvian living standards. He was instrumental in the privatization of the Cerro Verde mining property and helped found the mining faculty of the Pontifical Catholic University of Peru. Benavides was honored by the French Government, Society of Mining, Metallurgy & Exploration Geology, Society of Economic Geologists, the International Mining Hall of Fame (2014 Outstanding Innovator), and by the Board of Directors of the Harvard Club of Peru with a Harvard Life Time Achievement award in 2011.
He was inducted as an honoree from Mining's Past into the American Mining Hall of Fame in Tucson, Arizona on 5 December 2015.
Biography courtesy of the Mining Foundation of the Southwest.
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Mayor of Lima: 1975-1977
Director, Central Reserve Bank of Peru: 1992–1993 and 1977–1978
Spouse: Elsa Ganoza de la Torre
Children: Roque Benavides, Raúl Benavides
On learning that Julcani Mine planned to terminate operation at Cerro de Pasco, Benavides boldly negotiated a lease and founded Cia de Minas Buenaventura in 1953. Buenaventura quickly expanded its operation becoming the first Latin American mining company to list on the New York Stock Exchange. For over half a century, Cerro de Pasco was the dominant Peruvian producer of copper, lead, silver, zinc and bismuth.
Benavides’ vision elevated Peruvian living standards. He was instrumental in the privatization of the Cerro Verde mining property and helped found the mining faculty of the Pontifical Catholic University of Peru. Benavides was honored by the French Government, Society of Mining, Metallurgy & Exploration Geology, Society of Economic Geologists, the International Mining Hall of Fame (2014 Outstanding Innovator), and by the Board of Directors of the Harvard Club of Peru with a Harvard Life Time Achievement award in 2011.
He was inducted as an honoree from Mining's Past into the American Mining Hall of Fame in Tucson, Arizona on 5 December 2015.
Biography courtesy of the Mining Foundation of the Southwest.
~~~~~~~~~~~~~
Mayor of Lima: 1975-1977
Director, Central Reserve Bank of Peru: 1992–1993 and 1977–1978
Spouse: Elsa Ganoza de la Torre
Children: Roque Benavides, Raúl Benavides
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