Earnings summaries and quarterly performance for BUENAVENTURA MINING CO.
Executive leadership at BUENAVENTURA MINING CO.
Board of directors at BUENAVENTURA MINING CO.
Research analysts who have asked questions during BUENAVENTURA MINING CO earnings calls.
Recent press releases and 8-K filings for BVN.
Buenaventura Projects Significant Production and Financial Growth with San Gabriel Launch
BVN
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Buenaventura projects a significant financial turnaround and growth, with the San Gabriel gold project commencing production in the third week of December 2025 and expected to produce 75,000-80,000 ounces of gold in 2026, increasing to over 100,000 ounces per year in subsequent years.
- The company forecasts long-run annual production to reach 200,000-220,000 ounces of gold, 20-22 million ounces of silver (with Uchucchacua and Yumpag reaching this level by 2028), and 120,000-130,000 tons of copper.
- For 2025, Buenaventura expects revenues between $1.4 billion and $1.5 billion and EBITDA of $550 million to $600 million, with EBITDA projected to peak near $750 million in 2029.
- The company anticipates generating positive free cash flow starting in 2026, with projections of $150 million in 2026, rising to $400 million in 2027 and 2028, and $500 million in 2029.
- Capital expenditures for 2025 are estimated at $400 million, with a peak sustaining CapEx of $229 million in 2026 to support key projects and expansions.
Nov 18, 2025, 2:30 PM
Buenaventura Outlines Long-Term Strategy and Production Targets at 2025 Investor Day
BVN
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Buenaventura projects 2025 revenues between $1.4 billion and $1.5 billion, with EBITDA of $550 million to $600 million and an EBITDA margin of approximately 40%. The company reported a leverage ratio of 0.45 as of September 2025.
- The company aims for significant long-term production increases, targeting 200,000-220,000 ounces of gold per year, 20-22 million ounces of silver per year, and 120,000-130,000 tons of copper. The San Gabriel project is set to begin production in December 2025, with an expected contribution of 75,000-80,000 ounces of gold in 2026.
- Buenaventura's 2025 capital expenditures are estimated at $400 million, with $300 million allocated to San Gabriel. Sustaining CapEx is projected to be $229 million in 2026, decreasing to $100 million-$120 million annually from 2027 to 2029. The company anticipates positive free cash flow starting in 2026, growing to $500 million by 2029.
Nov 18, 2025, 2:30 PM
Buenaventura Outlines Long-Term Production and Financial Targets
BVN
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Buenaventura projects revenues between $1.4 billion and $1.5 billion for 2025, with an expected EBITDA of $550 million to $600 million for the same year, and anticipates positive free cash flow starting in 2026.
- The company aims to significantly increase production, targeting 200,000-220,000 ounces of gold per year in the long run, 20-22 million ounces of silver per year within five years, and 120,000-130,000 tons of copper.
- Key projects like San Gabriel are set to begin production in December 2025, with initial cash costs estimated at $2,000 per ounce expected to decrease to $1,400-$1,500 per ounce.
- Buenaventura plans to reduce cash costs across its operations, including El Brocal to $5,000 per ton of copper and Uchucua/Yumpac to $9-$10 per ounce of silver, by increasing throughput and operational efficiencies.
- The company's leverage ratio as of September 2025 was 0.45 times EBITDA, with a goal to not exceed two times.
Nov 18, 2025, 2:30 PM
Buenaventura Reports Q3 2025 Earnings Results with Strong EBITDA Growth and San Gabriel Project Nearing Completion
BVN
Earnings
Dividends
New Projects/Investments
- Buenaventura reported Q3 2025 EBITDA of US$ 202.1 million, a 48% increase year-over-year (excluding the sale of Chaupiloma in 3Q24), and a net income of US$ 79.6 million. The company maintained a cash position of US$ 486 million with US$ 711 million in debt, resulting in a leverage ratio of 0.41x.
- The San Gabriel project achieved 96% overall progress and 95% construction completion in Q3 2025, with the first gold bar anticipated by Q4 2025. Q3 2025 CAPEX for San Gabriel was US$ 92 million, contributing to a total cumulative CAPEX of US$ 681 million.
- The Board of Directors approved a dividend payment of US$ 0.1446 per share/ADS. Additionally, a permit was granted for full-capacity operations at Coimolache's mine and leach pad, expected to enhance cash flow.
- Consolidated production for Q3 2025 included 16.9 kton of Copper, 4.4 MOz of Silver, and 38.9 kOz of Gold.
Oct 31, 2025, 4:00 PM
Buenaventura Reports Q3 2025 Earnings and San Gabriel Project Progress
BVN
Earnings
New Projects/Investments
Dividends
- Buenaventura reported EBITDA from direct operations of $202.1 million in Q3 2025, marking a 48% increase compared to the same period last year, and a net income of $167.1 million.
- The San Gabriel project reached 96% overall progress by Q3 2025, with commercial production anticipated to begin in the Fourth Quarter of 2025. The project's total CAPEX stood at $681 million as of September 2025.
- For Q3 2025, copper production was 12,800 tons (down 24% year-on-year), silver production was 4.3 million ounces (down 3%), and gold production was 30,894 ounces (down 21%).
- The company's Board of Directors approved a dividend payment of $0.1446 per ADS, and the San Gabriel project is projected to produce 70,000 to 90,000 ounces of gold in 2026, aiming for break-even by the second quarter of 2026.
Oct 31, 2025, 4:00 PM
Buenaventura Announces Q3 2025 Production Results and Updated 2025 Guidance
BVN
Earnings
Guidance Update
- Buenaventura reported its Q3 2025 production results, with Total Direct Operations yielding 30,894 ounces of gold, 4,278,658 ounces of silver, 4,874 metric tons of lead, 6,989 metric tons of zinc, and 12,770 metric tons of copper.
- For the nine months ended September 30, 2025, Total Direct Operations production included 86,155 ounces of gold, 11,520,791 ounces of silver, 13,121 metric tons of lead, 20,538 metric tons of zinc, and 38,162 metric tons of copper.
- The company announced updated 2025 production guidance for several metals and mines, including revisions for gold at Orcopampa and Coimolache, silver at Tambomayo, Julcani, Uchucchacua, Yumpag, and El Brocal, and lead and zinc at Tambomayo and Uchucchacua.
- Average realized prices in Q3 2025 were $3,594 per ounce for gold and $40.81 per ounce for silver.
Oct 17, 2025, 1:43 PM
Quarterly earnings call transcripts for BUENAVENTURA MINING CO.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more
Let Fintool AI Agent track BUENAVENTURA MINING CO's earnings for you
Get instant analysis when filings drop