Volcan Compañia Minera S.A.A. a le plaisir de vous annoncer l′intégration en son sein de M. Ignacio Rosado au poste de vice-directeur général, et celle de M. José Edmundo Montoya, à celui de Directeur de la planification, respectivement les 10 et 21 juin.

Le Directeur général de la société, M. Juan Jose Herrera, a déclaré : " Nous sommes absolument ravis d′intégrer M. Rosado et M. Montoya au sein de notre équipe. Nous bénéficierons ainsi de leur grande expérience, de leurs connaissances et de leurs conseils au moment où nous consolidons notre position au niveau mondial en tant que l′un des principaux acteurs du secteur minier ".

Mr. Rosado has been the Chief Financial Officer of Hochschild Mining plc and its predecessor group companies since 2005. In addition to leading the Hochschild team in its USD500 million IPO on the London Stock Exchange in 2006, Mr. Rosado has co-lead the M&A strategy of the company, has led cost control initiatives at the operations, and has been responsible for the company′s treasury and sales, financial and strategic planning, investor relations, financial reporting and risk management activities. He was made an Executive Director of the company in 2008, has been a Director of Lake Shore Gold Corp., a TSX-listed company since March 2008 until May 2010 and is currently a Director of Zincore Metals also a TSX-Listed company. Prior to join Hochschild Mining Plc, Mr. Rosado has worked for McKinsey and Company as Senior Engagement Officer. Mr. Rosado holds an MBA from the University of Michigan Business School and a B.Sc. in economics from the Universidad del Pacífico in Peru.

Mr. Montoya has been the Manager of Business Development of Votorantim Metais in Peru since 2005. He also has been in charge of the development of the mining area of Votorantim Metais in Peru, co-leading acquisitions of mining companies in the country for USD 450 million, acquiring control of Compañía Minera Atacocha and 33.6% of Compañía Minera Milpo. In addition, he has been responsible for the development of the Bongara and Shalipayco projects through joint venture agreements with Solitario Resources and Panamerican Silver, and for the development and execution of the M&A strategy of the company in Peru. Prior to join Votorantim Metais, Mr. Montoya hold production and planning positions in open pits and underground mines, working in Minera Yanacocha and Volcan Compañia Minera. Mr. Montoya holds a MSc. in mineral economics from Colorado School of Mines and a B. Sc. in mining engineering from the Universidad Catolica del Peru.

For further information please contact:

Volcan Compañia Minera S.A.A.

Mr. Fernando Piccini

Chief Financial Officer

Tel. + 51 1 219 4000

www.volcan.com.pe

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