Compania de Minas Buenaventura SAA ADR (BVN)

Compañía de Minas Buenaventura is seeking approval from Peru's environmental regulator Senace for a US$36 million investment to extend the operating schedule of its Uchucchacua silver, lead, and zinc mine by two and a half years, until June 2029. This extension is necessary due to lower-than-projected extraction rates in recent years. The investment will primarily focus on modifying the concentrator plant and raising tailings deposit No. 3, allowing the company to extract all approved mineral reserves without exceeding processing capacity.

Compañía de Minas Buenaventura is shifting its focus to exploration over acquisitions due to record high metal prices, increasing its exploration budget by 30%. The company plans to maintain its CAPEX between US$385 million and US$415 million but will accelerate prospection and reevaluate mature deposits to extend their operational life. Buenaventura also aims to stabilize production at its San Gabriel project by 2027 and is seeking a strategic partner for the US$2 billion Trapiche copper project, with a long-term goal of becoming one of the top 50 global mining companies by market capitalization by 2040.

This page provides comprehensive financial information for Compañía de Minas Buenaventura S.A.A. (BVN), including its current stock price, historical data, performance overview, and analyst insights. The company engages in the exploration, development, and operation of various mines in Peru and internationally, focusing on gold, silver, copper, and other metal deposits. It also details financial highlights such as market cap, P/E ratio, revenue, and profitability, alongside comparisons with similar companies.

Compañía de Minas Buenaventura's San Gabriel mine in Moquegua began registering sales volumes in Q2 2026, despite ramp-up challenges with tailings management. The mine reported an initial gold sales cost (CAS) of US$5,640/oz, which is not yet representative of long-term costs due to current below-expected production and sales volumes. The company continues to advance with its operational startup phase.

In May, Peru's national silver production decreased by 11.3% compared to the previous year, totaling 278,862 kilograms fine, largely due to lower output from Compañía Minera Ares S.A.C. and Volcan Compañía Minera S.A.A. Compañía Minera Antamina S.A., Compañía de Minas Buenaventura S.A.A., and Minera Chinalco Perú S.A. collectively accounted for 33.6% of the national production, with Antamina leading at 16.0%. Áncash remained the top producing department, followed by Lima and Junín.