Shearman & Sterling represented Volcan Compañía Minera S.A.A., a diversified Peruvian mining company and a major global producer of zinc, silver and lead, in connection with its inaugural offering in the international capital markets. Volcan issued US$600 million 5.375% Senior Notes due 2022 in a Rule 144A/Regulation S offering. Volcan is the leading producer of silver and lead and the second producer of zinc in Peru in the first nine months of 2011, according to the Peruvian Ministry of Energy and Mines. Volcan will use the net proceeds of this offering for general corporate purposes, including to fund expansion projects and acquisitions to expand its operations.

The Shearman & Sterling team included partners Antonia Stolper (New York-Capital Markets) and Don J. Lonczak (Washington, DC-Tax) and associates Alejandro Gordano (New York-Capital Markets), J.P. Sevilla (San Francisco-Capital Markets), Pedro Gonzalez (New York-Capital Markets) and Gerald Feige (Washington, DC-Tax).