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Compañia de Minas Buenaventura S.A. (BVN) is a leading precious metals company based in Peru. Specializing in the mining and exploration of gold, silver, and other valuable metals, Buenaventura has established itself as a significant player in the mining industry. The company boasts extensive experience in mine exploration, development, construction, and operation activities across various mining sites.
Established with a commitment to sustainable mining practices and economic development, Buenaventura operates several key mining projects in Peru. Their portfolio includes renowned mines such as Orcopampa, Uchucchacua, and El Brocal. These sites produce a substantial amount of gold and silver, contributing significantly to the company's revenue and the local economy.
One of Buenaventura's recent achievements is the successful expansion of the Orcopampa mine, which has led to increased production capacity and improved operational efficiency. The company also engages in various exploration projects to discover new mineral reserves and ensure long-term growth.
Financially, Buenaventura has shown resilience and strategic management, maintaining a strong balance sheet and securing partnerships that enhance its capabilities and market reach. The company collaborates with notable names in the mining sector to leverage technology and expertise, ensuring optimal extraction and processing of minerals.
Buenaventura is also committed to corporate social responsibility, focusing on environmental sustainability, community development, and employee welfare. The company implements rigorous safety standards and environmental policies to minimize its ecological footprint and promote sustainable development in the regions where it operates.
Investors and stakeholders can stay updated with the latest news and developments through the company's official channels, which regularly provide insights into performance metrics, project updates, and financial reports. Buenaventura's dedication to transparency and communication ensures that all relevant information is accessible and clear.
Compañia de Minas Buenaventura S.A.A. (NYSE: BVN) has reported its 3Q22 production results, reflecting robust operations across multiple metals. Gold production increased from 17,749 ounces in 2Q22 to 20,164 ounces in 3Q22 for Orcopampa. Overall, the company's updated guidance suggests a total gold production target of between 70,000 to 75,000 ounces for 2022. Silver and zinc also saw steady production, with El Brocal producing 813,272 ounces of silver in 3Q22. The outlook remains positive, with projected increases across several metal categories.
Compañia de Minas Buenaventura S.A.A (NYSE: BVN) reported 2Q22 results revealing significant financial challenges, including a net loss of
Compañía de Minas Buenaventura S.A.A (NYSE: BVN; Lima Stock Exchange: BUE.LM) will hold its Second Quarter 2022 earnings conference call on July 27, 2022, at 10:00 AM ET. The financial results will be shared on July 26, 2022, after market close. CEO Leandro García Raggio and the senior management team will discuss the company's performance during the call. Buenaventura is Peru's largest publicly traded precious metals company, operating several gold and silver mines in Peru, and holds a significant stake in Sociedad Minera Cerro Verde.
Compañia de Minas Buenaventura S.A.A. (NYSE: BVN) reported 2Q22 production results, highlighting variances in metal output compared to prior quarters. Gold production at Orcopampa decreased to 17,749 Oz from 19,031 Oz in 1Q22, whereas Tambomayo's output slightly increased to 14,351 Oz. Silver production saw a decrease at El Brocal, totaling 806,123 Oz, while lead and zinc outputs also reflected declines. The Company updated its production guidance for the year, projecting gold output of 65k-70k Oz and silver output of 3.0M-3.5M Oz.
Compañia de Minas Buenaventura (NYSE: BVN), Peru’s leading public precious metals mining company, filed its Annual Report on Form 20-F with the SEC on May 13, 2022, covering the fiscal year ending December 31, 2021. Investors can access the report through Buenaventura's website. The company, which holds significant mining rights in Peru, operates multiple wholly-owned mines and has a 19.58% stake in the Sociedad Minera Cerro Verde, a notable copper producer in partnership with Freeport-McMoRan and Sumitomo Corporation.
Compañia de Minas Buenaventura (NYSE: BVN) released its 1Q22 results, highlighting significant financial improvements. EBITDA from direct operations surged to US$ 431.9 million, a 989% increase from 1Q21, while net income reached US$ 636.2 million, up 3786%. Capital expenditures rose to US$ 19.9 million, focused on ongoing projects, including San Gabriel and Yumpag. The company reduced its net debt to US$ 771 million and cash on hand increased to US$ 337.4 million. Production guidance will adjust in 2Q22 due to a revised plan impacting silver output.
Compañía de Minas Buenaventura S.A.A. (NYSE: BVN) reported its 1Q22 production results, revealing significant achievements and areas for concern. Key highlights include gold production at Orcopampa (19,031 Oz) and Tambomayo (13,867 Oz), exceeding guidance, while La Zanja underperformed due to haulage issues. Silver production at El Brocal fell below expectations, primarily from low open-pit grades. A landslide at El Brocal resulted in three fatalities, underlining operational risks. Overall, the company remains focused on growth despite the challenges faced.
Compañía de Minas Buenaventura S.A.A (NYSE: BVN) will hold its First Quarter 2022 earnings conference call on April 29, 2022, at 11:00 AM ET. The results will be released on April 28, 2022, after market close. The call will feature CEO Leandro García Raggio and senior management discussing financial and operational outcomes. Interested participants can access the call via a toll-free number or a live webcast link. Buenaventura, Peru's largest publicly traded precious metals company, operates several mines and holds significant stakes in key mining partnerships.
Compañia de Minas Buenaventura S.A.A (NYSE: BVN; Lima Stock Exchange: BUE.LM) will host its Analyst and Investor Day on June 6, 2022, in New York, NY. The event will feature presentations from CEO Leandro Garcia and senior management, starting with breakfast at 9:30 am ET followed by presentations at 10:00 am. Pre-registration is required for participation. Buenaventura, Peru's largest publicly-traded mining company, specializes in precious and base metals and operates several mines across Peru.
Compañia de Minas Buenaventura S.A.A (NYSE: BVN) announced the approval of the San Gabriel Mine Project permits by the Government of Peru, allowing immediate construction and development. The project aims to double Buenaventura's gold production starting in 2025, contributing 120k-150k ounces annually. Total CAPEX is estimated between US$400M and US$430M, with an investment of US$100M-US$110M in 2022 and US$200M in 2023. The project also emphasizes economic and social benefits for local communities, demonstrating strong local support.
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