Compañía de Minas Buenaventura S.A.A. ("Buenaventura" or "the Company") (NYSE:BVN, Lima Stock Exchange: BUE.LM)), Peru’s largest publicly-traded precious metals mining company, today announced its production and sales volumes for third quarter of 2026.
Production by Metal
Three Months Ended
|
Nine Months Ended
|
2026 Updated Guidance (1) |
||||
Gold ounces produced |
|
|
|
|
|
|
El Brocal |
4,731 |
|
13,557 |
|
15.0k - 17.0k |
|
San Gabriel |
599 |
|
5,059 |
|
15.0k - 20.0k |
|
Julcani |
3,735 |
|
8,949 |
|
11.0k - 13.0k |
|
Orcopampa |
12,362 |
|
41,335 |
|
48.0k - 53.0k |
|
Tambomayo |
4,034 |
|
10,030 |
|
9.0k - 11.0k |
|
La Zanja |
3,547 |
|
10,625 |
|
14.0k - 17.0k |
|
Total Direct Operations (2) |
29,009 |
|
89,556 |
|
112.0k - 131.0k |
|
Coimolache |
25,418 |
|
70,112 |
|
90.0k - 100.0k |
|
Total Incl. Associated Companies (3) |
37,375 |
|
112,437 |
|
142.3k - 164.5k |
|
|
|
|
|
|
||
Silver ounces produced |
|
|
|
|
|
|
Uchucchacua |
565,020 |
|
1,687,023 |
|
2.5M - 2.8M |
|
Yumpag |
1,915,570 |
|
6,319,491 |
|
8.5M - 9.0M |
|
El Brocal |
390,292 |
|
1,368,582 |
|
1.5M - 1.7M |
|
San Gabriel |
420 |
|
2,748 |
|
- |
|
Julcani |
291,370 |
|
754,835 |
|
1.0M - 1.2M |
|
Orcopampa |
3,227 |
|
9,253 |
|
- |
|
Tambomayo |
182,691 |
|
703,060 |
|
0.9M - 1.1M |
|
La Zanja |
|
11,929 |
|
36,178 |
|
- |
Total Direct Operations (2) |
3,360,520 |
|
10,881,170 |
|
14.4M - 15.8M |
|
Coimolache |
113,074 |
|
336,929 |
|
0.3M - 0.4M |
|
Total Incl. Associated Companies (3) |
3,255,320 |
|
10,488,396 |
|
13.9M - 15.3M |
|
|
|
|
|
|
||
Lead metric tons produced |
|
|
|
|
|
|
Uchucchacua |
3,702 |
|
10,740 |
|
17.0k - 19.0k |
|
Julcani |
112 |
|
406 |
|
- |
|
Tambomayo |
456 |
|
1,259 |
|
1.5k - 1.8k |
|
Total Direct Operations (2) |
4,270 |
|
12,406 |
|
18.5k - 20.8k |
|
|
|
|
|
|
||
Zinc metric tons produced |
|
|
|
|
|
|
Uchucchacua |
6,433 |
|
20,419 |
|
27.0k - 30.0k |
|
Tambomayo |
505 |
|
1,259 |
|
1.6k - 1.8k |
|
Total Direct Operations (2) |
6,938 |
|
21,678 |
|
28.6k - 31.8k |
|
|
|
|
|
|
||
Copper metric tons produced |
|
|
|
|
|
|
El Brocal |
13,534 |
|
37,775 |
|
48.0k - 53.0k |
|
Julcani |
68 |
|
200 |
|
- |
|
Total Direct Operations (2) |
13,602 |
|
37,975 |
|
48.0k - 53.0k |
Sales Volumes by Metal
Three Months Ended
|
Nine Months Ended
|
|||
Gold ounces sold |
|
|
|
|
El Brocal |
1,974 |
5,638 |
||
San Gabriel |
1,418 |
4,621 |
||
Julcani |
3,448 |
8,119 |
||
Orcopampa |
12,353 |
41,407 |
||
Tambomayo |
3,736 |
9,092 |
||
La Zanja |
|
2,392 |
|
9,555 |
Total Direct Operations (1) |
25,321 |
78,431 |
||
Coimolache |
23,868 |
67,088 |
||
Total Incl. Associated Companies (2) |
34,129 |
103,155 |
||
Silver ounces sold |
|
|
|
|
Uchucchacua |
978,407 |
2,169,607 |
||
Yumpag |
1,899,002 |
6,005,133 |
||
El Brocal |
251,641 |
1,015,437 |
||
San Gabriel |
370 |
1,624 |
||
Julcani |
261,716 |
642,601 |
||
Orcopampa |
3,946 |
10,226 |
||
Tambomayo |
164,608 |
626,359 |
||
La Zanja |
9,235 |
43,167 |
||
Buenaventura Trading (3) |
|
20,365 |
|
62,446 |
Total Direct Operations (1) |
3,589,290 |
10,576,599 |
||
Coimolache |
106,343 |
322,176 |
||
Total Incl. Associated Companies (2) |
3,534,869 |
10,314,118 |
||
Lead metric tons sold |
|
|
|
|
Uchucchacua |
3,387 |
9,964 |
||
Yumpag |
174 |
468 |
||
Julcani |
79 |
288 |
||
Tambomayo |
331 |
899 |
||
Total Direct Operations (1) |
3,970 |
11,619 |
||
Zinc metric tons sold |
|
|
|
|
Uchucchacua |
5,364 |
16,423 |
||
Tambomayo |
359 |
914 |
||
Total Direct Operations (1) |
5,724 |
17,338 |
||
Copper metric tons sold |
|
|
|
|
El Brocal |
12,554 |
34,956 |
||
Julcani |
14 |
22 |
||
Tambomayo |
85 |
193 |
||
Buenaventura Trading (3) |
2,168 |
6,551 |
||
Total Direct Operations (1) |
14,821 |
41,722 |
Average Realized Prices (1)(2)
Three Months Ended
|
Nine Months Ended
|
|||
Gold (US$/Oz) |
|
4,216 |
4,475 |
|
Silver (US$/Oz) |
57.82 |
82.07 |
||
Lead (US$/MT) |
|
1,612 |
1,751 |
|
Zinc (US$/MT) |
3,987 |
3,585 |
||
Copper (US$/MT) |
|
15,190 |
14,343 |
Commentary on Operations
Uchucchacua:
Yumpag:
El Brocal:
San Gabriel:
Coimolache:
Julcani:
Orcopampa:
Tambomayo:
La Zanja:
Company Description
Compañía de Minas Buenaventura S.A.A. is Peru’s largest publicly traded precious and base metals mining Company and a major holder of mining rights in Peru. The Company engages in the exploration, development, mining, processing and sale of gold, silver and base metals through its wholly-owned operations and interests in joint ventures. Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, San Gabriel*, El Brocal and Coimolache).
The Company holds a 19.58% ownership interest in Sociedad Minera Cerro Verde, a major Peruvian copper producer, alongside Freeport-McMoRan Inc. and Sumitomo Corporation.
(*) Wholly owned operations.
Note on Forward-Looking Statements
This press release may contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties. Words such as "anticipate," "believe," "estimate," "expect," "guidance," "intend," "plan," "project," "target," "will" and similar expressions are intended to identify forward-looking statements. Forward-looking statements include those concerning Compañía de Minas Buenaventura S.A.A.’s (the "Company") and Sociedad Minera Cerro Verde S.A.A.’s production guidance, operating performance, costs and expenses, mine development and ramp-up schedules, results of exploration, improvements in operating efficiency, prevailing market prices of gold, silver, copper and other metals mined, the success of joint ventures, estimates of future exploration, development and production, the Company's and its subsidiaries' plans for capital expenditures and estimates of reserves. These forward-looking statements reflect the Company's current expectations and assumptions regarding its future operating and financial performance and are not guarantees of future performance. Actual results could differ materially from those expressed or implied by the forward-looking statements as a result of these and other risks and uncertainties, including those discussed in the Company's filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update or revise them, except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261015935057/en/
Contacts in Lima:
Daniel Dominguez, Chief Financial Officer
(511) 419 2540
Sebastián Valencia, Head of Investor Relations
(511) 419 2591 / sebastian.valencia@buenaventura.pe
Contact in NY:
Barbara Cano
(646) 452 2334
barbara@inspirgroup.com
Company Website: https://buenaventura.com/en/inversionista/