Uchucchacua

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

Retrieved on: 
Thursday, October 19, 2023
Mining, Minerals, Natural Resources, Gold, Environmental impact assessment, Silver, MINEM, Copper, PPM, Rio, Manganese, Rehabilitation, Plant, Anomaly, Zinc, Lead, EIA, Rare-earth element, Palladium, Uchucchacua

Above 2023 projections are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of September 2023.

Key Points: 
  • Above 2023 projections are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of September 2023.
  • 3Q23 silver production was below projections due to a negative geology reconciliation and decreased treated ore. 2023 silver guidance has been updated.
  • This new zone includes gold and copper which Buenaventura will begin processing during the fourth quarter 2023.
  • 3Q23 copper production exceeded projections as underground mine production ramp-up continued ahead of expectations during the quarter.

Buenaventura Announces Submission of Updated Uchucchacua Mine Plan

Retrieved on: 
Tuesday, August 29, 2023
Mining, Minerals, Natural Resources, Maintenance, Partnership, Adisak Sensom-Eiad, Metal, Silver, Cerro Verde, Person, Sumitomo Corporation, Orcopampa Airport, Public expenditure, Gold, BVN, Lima Stock Exchange, Copper, PDF, NYSE, Environmental impact assessment, Policy by press release, Uranium mining, Uchucchacua

This submission therefore completes the required process for the resumption of activities of the Uchucchacua mine, starting on September 1, 2023.

Key Points: 
  • This submission therefore completes the required process for the resumption of activities of the Uchucchacua mine, starting on September 1, 2023.
  • Buenaventura will initiate relevant maintenance work and expects the processing plant commissioning to begin on September 1, ensuring processing plant operational readiness to receive ore from Uchucchacua and Yumpag.
  • The resumption of activities at the Uchucchacua processing plant also enables Buenaventura to perform metallurgical tests of up to 124,600 tons of ore from the Yumpag project’s pilot stope.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

Buenaventura Announces Second Quarter and Six-month 2023 Results

Retrieved on: 
Thursday, July 27, 2023
Mining, Minerals, Natural Resources, International, Zinc, Silver, Sale, Public expenditure, EBITDA, Gold, BVN, Lima Stock Exchange, Yoy, Copper, NYSE, Cryptocurrency, Uchucchacua

(“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced results for the second quarter (2Q23) and six-month period ended June 30, 2023 (6M23).

Key Points: 
  • (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced results for the second quarter (2Q23) and six-month period ended June 30, 2023 (6M23).
  • Buenaventura has provided accumulated six-month results to reflect the provisional pricing effect on the first six months of 2023.
  • Second Quarter and Six-Month 2023 Highlights:
    2Q23 EBITDA from direct operations was US$ 17.1 million, compared to US$ -12.9 million reported in 2Q22.
  • Cerro Verde will pay a second dividend on August 3, 2023, from which Buenaventura will receive an additional US$ 49.0 million.

Buenaventura Announces Fourth Quarter 2022 Production and Volume Sold per Metal Results

Retrieved on: 
Thursday, February 16, 2023
Mining, Minerals, Natural Resources, Lead, Silver, Copper, Sulfide, Gold, Economics, La, Phase, OPEX, Rare-earth element, Medical device, Uranium mining, Cryptocurrency, Beauty salon, Zinc, Uchucchacua

2022 gold, silver, lead and zinc production were in line with Buenaventura’s revised 2022 guidance announced in the third quarter 2022.

Key Points: 
  • 2022 gold, silver, lead and zinc production were in line with Buenaventura’s revised 2022 guidance announced in the third quarter 2022.
  • 2022 gold production was in line with Buenaventura’s revised 2022 guidance.
  • 2023 Guidance: gold production is expected to exceed 2022 production due to an anticipated increase in 2023 throughput.
  • 2022 gold production was below revised guidance due to the re-assessment of economics for the Phase V-Pampa Verde open pit.

Buenaventura Announces Third Quarter 2022 Production and Volume Sold per Metal Results

Retrieved on: 
Monday, October 10, 2022
Mining, Minerals, Natural Resources, Gold, Zinc, Rehabilitation, Silver, La, Lead, Boca de la Zanja, Copper, Renewable energy, Mining, Potash, Uchucchacua

2022 outlook projections shown above are considered forward-looking statements and represent managements good faith estimates or expectations of future production results as of October 2022.

Key Points: 
  • 2022 outlook projections shown above are considered forward-looking statements and represent managements good faith estimates or expectations of future production results as of October 2022.
  • 3Q22 silver production was in line with expectations for the quarter.
  • 3Q22 gold production exceeded expectations due to an increase in treated ore and higher gold grades.
  • 2022 guidance has been updated to reflect slower than expected gold extraction from the leach pad, requiring a portion of the expected 2022 production to carry forward into 2023.

Buenaventura Announces Second Quarter 2022 Production and Volume Sold per Metal Results

Retrieved on: 
Thursday, July 14, 2022
Mining, Minerals, Natural Resources, Pampas, Silver, Lead, Rehabilitation, Gold, Maintenance, Oxide, Partial, Copper, Zinc, Mining, Potash, Uchucchacua, Mirador Norte

2022 outlook projections shown above are considered forward-looking statements and represent managements good faith estimates or expectations of future production results as of July 2022.

Key Points: 
  • 2022 outlook projections shown above are considered forward-looking statements and represent managements good faith estimates or expectations of future production results as of July 2022.
  • 2Q22 silver production was in line with expectations for the quarter.
  • 2Q22 gold production exceeded expectations due to an increase of treated ore and higher gold grades.
  • Production remained stable during the quarter with higher than expected gold production due to positive reconciliation of grades from the Mirador Norte open pit along with improved leaching permeability.

Buenaventura Announces Fourth Quarter 2021 Production Results and 2022 Production Guidance

Retrieved on: 
Tuesday, February 1, 2022
Natural Resources, Other Natural Resources, Mining, Minerals, Silver, 3Q, Zinc, Lead, Company, Gold, Mining, COVID-19, Copper, Medical device, Renewable energy, Uchucchacua

2021 gold and silver production was in line with Buenaventuras revised 2021 guidance announced in the third quarter 2021.

Key Points: 
  • 2021 gold and silver production was in line with Buenaventuras revised 2021 guidance announced in the third quarter 2021.
  • 2022 Guidance: gold production is expected to maintain a similar pace as 3Q and 4Q 2021, with mining primarily within the Ramal-4 vein system and consistent with Orcopampas improved production results subsequent to mine development and preparation completed in the first half of 2021.
  • 2022 Guidance: the Company expects decreased gold production in 2022 due to leach pad capacity limitations resulting from Covid-related permitting delays.
  • 2022 Guidance: expected increase in 2022 gold production as 2021 Pampa Verde open pit stripping progressed according to plan.

Buenaventura Announces Second Quarter and Six-Month 2021 Results

Retrieved on: 
Tuesday, August 3, 2021
Natural Resources, Other Natural Resources, Mining, Minerals, Mining, Uchucchacua, Compañia de Minas Buenaventura, Forward-looking statement

The phone number provided will be automatically called and connected to the conference without any interruption to the participant.

Key Points: 
  • 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: Tambomayo*, Orcopampa*, Uchucchacua*, Julcani*, El Brocal, La Zanja 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 Issues Inaugural 144A/Reg S Offering of US$550 million Senior Unsecured Notes Due 2026

Retrieved on: 
Friday, July 23, 2021
Mining, Minerals, Natural Resources, Mining, Compañia de Minas Buenaventura, Credit, Perus, Line of credit, Uchucchacua, Economy

(Buenaventura or the Company) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Perus largest publicly-traded precious metals mining company, today announced the successful issuance of its senior unsecured notes (the Notes) due 2026 in an aggregate amount of US$550 million.

Key Points: 
  • (Buenaventura or the Company) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Perus largest publicly-traded precious metals mining company, today announced the successful issuance of its senior unsecured notes (the Notes) due 2026 in an aggregate amount of US$550 million.
  • The Notes mature on July 23, 2026 and a coupon rate of 5.500% per annum.
  • The transaction will contribute to strengthening the Companys credit profile, extending maturities, reducing financing costs and freeing up lines of credit.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, El Brocal, La Zanja and Coimolache).

Buenaventura Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2020

Retrieved on: 
Friday, April 30, 2021
Mining, Minerals, Natural Resources, Mining, Newmont Corporation, Compañia de Minas Buenaventura, Yanacocha, Uchucchacua, Buenaventura, XE-class submarine

b"Compa\xc3\xb1ia de Minas Buenaventura S.A.A.

Key Points: 
  • b"Compa\xc3\xb1ia de Minas Buenaventura S.A.A.
  • (\xe2\x80\x9cBuenaventura\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru\xe2\x80\x99s largest publicly-traded precious metals mining company, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission (\xe2\x80\x9cthe SEC\xe2\x80\x9d) on April 30, 2020 and is available on Buenaventura\xe2\x80\x99s web site: https://www.buenaventura.com/en/inversionistas or at http://www.sec.gov .\nInvestors can receive a printed copy of this report, including the Company's complete audited financial statements, free of charge upon request by contacting Rodrigo Echecopar at [email protected] or by calling The Bank of New York Mellon at 1-212-815-2838.\nCompa\xc3\xb1\xc3\xada de Minas Buenaventura S.A.A.
  • is Peru\xe2\x80\x99s largest, publicly traded, precious metals company and a major holder of mining rights in Peru.
  • The Company is engaged in the mining, processing, development and exploration of gold and silver and other metals via wholly owned mines as well as through its participation in joint exploration projects.\nBuenaventura currently operates several mines in Peru: Orcopampa*, Uchucchacua*, Julcani*, El Brocal, La Zanja and Coimolache, and is developing the Tambomayo project.\nThe Company owns 43.65% of Minera Yanacocha S.R.L (a partnership with Newmont Mining Corporation), an important precious metal producer; 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer.\nFor a printed version of the Company\xe2\x80\x99s 2020 Form 20-F, please contact the investor relations contacts on page 1 of this report, or download the PDF format file from the Company\xe2\x80\x99s web site at www.buenaventura.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210430005583/en/\n"