Cerro Verde

Buenaventura Announces Voluntary Temporary Ore Treatment Suspension at El Brocal Mine

Retrieved on: 
Mittwoch, Mai 22, 2024

(“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, announces the voluntary temporary suspension of El Brocal’s processing plant facilities.

Key Points: 
  • (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, announces the voluntary temporary suspension of El Brocal’s processing plant facilities.
  • A small group from the Huaraucaca Community residing adjacent to the El Brocal processing facility entered the property without El Brocal’s authorization.
  • The Company has therefore voluntarily suspended its two El Brocal processing plant operations to ensure the safety of its employees and infrastructure.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

Buenaventura Announces First Quarter 2024 Results

Retrieved on: 
Dienstag, April 30, 2024

If you would prefer to receive a call rather than dial in, please register via the following link.

Key Points: 
  • If you would prefer to receive a call rather than dial in, please register via the following link.
  • The phone number provided will be automatically called and connected to the conference without any interruption to the participant.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).
  • Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.

Buenaventura Cordially Invites You to Its First Quarter 2024 Earnings Conference Call

Retrieved on: 
Dienstag, April 16, 2024

The first quarter results will be issued on Monday, April 29, 2024, after the market close.

Key Points: 
  • The first quarter results will be issued on Monday, April 29, 2024, after the market close.
  • To participate in the conference call, please dial:
    Please ask to be joined in the Compañía de Minas Buenaventura’s call.
  • The phone number provided will be automatically called and connected to the conference without any interruption to the participant.
  • (Please note: Participants will be joined directly to the conference and will hear hold music until the call begins.

Buenaventura Announces First Quarter 2024 Results for Production and Volume Sold per Metal

Retrieved on: 
Dienstag, April 16, 2024

Gold, lead and zinc production exceeded 1Q24 projections due to a change in mining sequence, prioritizing higher-margin prepared areas with higher gold, lead and zinc grades, partially offset by lower silver production.

Key Points: 
  • Gold, lead and zinc production exceeded 1Q24 projections due to a change in mining sequence, prioritizing higher-margin prepared areas with higher gold, lead and zinc grades, partially offset by lower silver production.
  • Silver production exceeded 1Q24 projections due to higher grade silver ore processed from the Tantahuatay NW-Ext, which was placed on the leach pad during 4Q23.
  • Yumpag received final operating permitting approval on March 18, 2024, enabling uninterrupted mining of up to 1,000 tons per day.
  • Silver production exceeded 1Q24 projections as ore processing was initiated earlier than expected due to the operating permit approval.

Buenaventura Obtains Key Operating Permit for Yumpag Mine

Retrieved on: 
Montag, März 18, 2024

(“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, is pleased to announce it has received its final operating permit from the Peruvian Ministry of Energy and Mines to begin production at its Yumpag mine (“Yumpag”).

Key Points: 
  • (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, is pleased to announce it has received its final operating permit from the Peruvian Ministry of Energy and Mines to begin production at its Yumpag mine (“Yumpag”).
  • Leandro Garcia, Buenaventura’s CEO, commented, "Receipt of this final permit for our flagship Yumpag mine represents a significant milestone for Buenaventura and also reflects our proficiency in handling mining projects as well as regulatory processes efficiently and effectively.
  • The final operating permit approval for Buenaventura’s flagship Yumpag mine signifies the culmination of rigorous planning and preparation.
  • This milestone marks the start of 1,000 ton per day uninterrupted mining at Yumpag, enabling Buenaventura to achieve its 2024 production guidance of 6.5 - 7.2 million silver ounces.

Buenaventura Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Freitag, März 1, 2024

If you would prefer to receive a call rather than dial in, please register via the following link.

Key Points: 
  • If you would prefer to receive a call rather than dial in, please register via the following link.
  • The phone number provided will be automatically called and connected to the conference without any interruption to the participant.
  • (Please note: Participants will be joined directly to the conference and will hear hold music until the call begins.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

Buenaventura Announces Fourth Quarter 2023 Results for Production and Volume Sold per Metal

Retrieved on: 
Mittwoch, Februar 14, 2024

Increased silver grades within scheduled 2024 mining areas will partially offset the expected processing volume decrease, with an increased silver production relative to 2023.

Key Points: 
  • Increased silver grades within scheduled 2024 mining areas will partially offset the expected processing volume decrease, with an increased silver production relative to 2023.
  • Orcopampa: 2023 gold production slightly exceeded guidance, as ore extracted during the 4Q23 had higher than anticipated gold grades.
  • Coimolache: 2023 gold production exceeded guidance, as optimized leach pad space enabled higher-than-planned volumes of ore treated during 4Q23.
  • 2023 lead and zinc production surpassed guidance while silver production underperformed guidance due to a short-term planning adjustment and to prioritize processing higher value ore production at Yumpag.

Buenaventura cordially invites you to its Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Dienstag, Februar 6, 2024

(NYSE: BVN; Lima Stock Exchange: BUE.LM) today announces that it will hold its Fourth Quarter 2023 earnings conference call on:

Key Points: 
  • (NYSE: BVN; Lima Stock Exchange: BUE.LM) today announces that it will hold its Fourth Quarter 2023 earnings conference call on:
    Participating in the call to review Buenaventura’s Fourth Quarter 2023 financial and operating results will be Leandro García Raggio, Chief Executive Officer, as well as other members of the senior management team.
  • The fourth quarter results will be issued on Thursday, February 29, 2024, after the market close.
  • To participate in the conference call, please dial:
    Please ask to be joined in the Compañía de Minas Buenaventura’s call.
  • The phone number provided will be automatically called and connected to the conference without any interruption to the participant.

Buenaventura Comments on call of the General Shareholders’ Meeting

Retrieved on: 
Donnerstag, Januar 25, 2024

This amendment would subsequently allow proposing to the General Shareholders' Meeting the appointment of two directors proposed by Antofagasta, taking into consideration the right it has based on the percentage of its owned shares.

Key Points: 
  • This amendment would subsequently allow proposing to the General Shareholders' Meeting the appointment of two directors proposed by Antofagasta, taking into consideration the right it has based on the percentage of its owned shares.
  • In this regard, the Company considers that Antofagasta's contribution to the Board of Directors would add value to its composition, considering its experience and knowledge in the mining sector.
  • is Peru’s largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

Buenaventura Comments on Acquisition of Equity Interest in Buenaventura by Antofagasta plc

Retrieved on: 
Freitag, Dezember 15, 2023

(“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, announces that is has become aware that Antofagasta plc ("Antofagasta") has entered into transactions pursuant to which Antofagasta, acting through a wholly owned subsidiary, has acquired beneficial ownership of approximately 19% of Buenaventura’s outstanding shares.

Key Points: 
  • (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, announces that is has become aware that Antofagasta plc ("Antofagasta") has entered into transactions pursuant to which Antofagasta, acting through a wholly owned subsidiary, has acquired beneficial ownership of approximately 19% of Buenaventura’s outstanding shares.
  • Roque Benavides, Chairman of the Board of Buenaventura, stated: “Buenaventura looks forward to working with Antofagasta as a collaborative partner to grow the value of our business, including by leveraging their deep expertise and proven track record in responsibly developing and operating world-class copper assets.”
    Compañía de Minas Buenaventura S.A.A.
  • is Peru’s largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).