Buenaventura Reports Q2 2024 Production & Sales Volumes

TL;DR

Buenaventura dropped Q2 production numbers, check the volumes for your metal.

AI Summary

Compañía de Minas Buenaventura S.A.A. (Buenaventura) announced its second quarter 2024 production and sales volumes for various metals. The report, filed on July 16, 2024, details the company's operational performance for the period ending June 30, 2024.

Why It Matters

This filing provides investors with key operational metrics for Buenaventura's mining activities, impacting future revenue and profitability assessments.

Risk Assessment

Risk Level: low — This is a routine operational update and does not contain significant new financial or strategic information.

Key Players & Entities

• Compañía de Minas Buenaventura S.A.A. (company) — Filer of the report
• Buenaventura (company) — Commonly referred name for the company
• July 16, 2024 (date) — Date of the report filing
• June 30, 2024 (date) — End of the reporting period

FAQ

Filing Documents

• tm2419618d1_6k.htm (6-K) — 116KB
• logo.jpg (GRAPHIC) — 8KB
• 0001104659-24-080253.txt ( ) — 128KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of July 2024 Commission File Number: 001-14370 COMPANIA DE MINAS BUENAVENTURA S.A.A. (Exact name of registrant as specified in its charter) BUENAVENTURA MINING COMPANY INC. (Translation of registrant’s name into English) CARLOS VILLARAN 790 SANTA CATALINA, LIMA 13, PERU (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F x Form 40-F ¨ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes ¨ No x Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes ¨ No x Buenaventura Announces Second Quarter 2024 Results for Production and Volume Sold per Metal Lima, Peru, July 16, 2024 – 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 2Q24 results for production and volume sold. Production per Metal Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 2024 Updated Guidance (1) Gold ounces produced El Brocal 3,981 10,656 17.0k - 20.0k Orcopampa 17,569 36,595 70.0k - 75.0k Tambomayo 8,934 18,058 28.0k - 32.0k Julcani 1,033 1,412 2.8k - 3.2k La Zanja 2,303 3,692 5.0k - 7.0k Total Direct Operations (2) 33,819 70,412 122.8k - 137.2k Coimolache 7,390 30,186 38.0k - 43.0k Total incl. Associated (3) 35,247 78,405 131.5k - 146.7k Silver ounces produced El Brocal 312,440 1,185,460 1.4M - 1.7M Uchucchacua 409,481 916,532 2.2M - 2.5M Yumpag (4) 2,461,616 3,426,612 7.5M - 8.0M Orcopampa 7,979 15,966 - Tambomayo 380,370 709,437 1.7M - 1.9M Julcani 442,400 828,741 1.7M - 1.9M La Zanja 3,692 6,003 - Total Direct Operations (2) 4,017,977 7,088,751 14.5M - 16.0M Coimolache 35,678 139,635 0.1M - 0.2M Total incl. Associated (3) 3,911,774 6,687,504 14.0M - 15.4M Lead metric tons produced Uchucchacua 3,037 6,947 13.0k - 15.0k Tambomayo 1,085 2,113 3.5k - 4.0k Julcani 261 510 0.9k - 1.0k Total Direct Operations (2) 4,383 9,570 17.4k - 20.0k Zinc metric tons produced El Brocal 0 1,985 1.9k - 2.0k Uchucchacua 4,874 10,368 17.0k - 19.0k Tambomayo 1,477 2,812 5.4k - 5.8k Total Direct Operations (2) 6,352 15,165 24.3k - 26.8k Copper metric tons produced El Brocal 10,123 25,565 55.0k - 60.0k Total Direct Operations (2) 10,123 25,565 55.0k - 60.0k 1. 2024 projections are considered to be forward-looking statements and represent management’s good faith estimates or expectations of future production results as of July 2024. 2. Considers 100% of Buenaventura’s operating units, 100% of La Zanja and 100% of El Brocal. 3. Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 61.43% of El Brocal and 40.094% of Coimolache. 4. Considers ore from the pilot stope approved within Yumpag EIA-sd. 1 Volume Sold per Metal Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Gold ounces sold El Brocal 2,192 6,765 Orcopampa 17,365 36,196 Tambomayo 8,317 16,761 Julcani 909 1,234 La Zanja 2,437 3,850 Total Direct Operations (1) 31,220 64,806 Coimolache 8,375 30,076 Total incl. Associated (2) 33,732 74,255 Silver ounces sold El Brocal 249,032 989,899 Uchucchacua 354,404 790,717 Yumpag (3) 2,452,482 3,556,610 Orcopampa 4,231 12,143 Tambomayo 343,677 633,058 Julcani 420,236 803,609 La Zanja 9,638 15,690 Total Direct Operations (1) 3,833,701 6,801,726 Coimolache 40,753 138,645 Total incl. Associated (2) 3,753,989 6,475,510 Lead metric tons sold El Brocal 0 72 Uchucchacua 2,774 6,263 Yumpag (3) 34 34 Tambomayo 928 1,843 Julcani 232 461 Total Direct Operations (1) 3,967 8,674 Zinc metric tons sold El Brocal 0 1,592 Uchucchacua 4,033 8,568 Tambomayo 1,195 2,262 Total Direct Operations (1) 5,228 12,422 Copper metric tons sold El Brocal 9,571 24,138 Tambomayo 63 63 Julcani 38 60 Total Direct Operations (1) 9,673 24,261 1. Considers 100% of Buenaventura’s operating units, 100% of La Zanja and 100% of El Brocal. 2. Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 61.43% of El Brocal and 40.094% of Coimolache. 3. Considers ore from the pil

View Full Filing

View this 6-K filing on SEC EDGAR