Buenaventura Announces Third Quarter and Nine-month 2025 Results

Compañia de Minas Buenaventura S.A.A. (Buenaventura) reported its financial results for the third quarter (3Q25) and nine-month period ended September 30, 2025 (9M25). Key highlights include a 3% year-over-year decrease in consolidated silver production due to lower output at Uchucchacua and Yumpag, partially offset by increased production at El Brocal and Julcani. Gold production decreased by 21% YoY, and copper production decreased by 24% YoY. 3Q25 EBITDA from direct operations was US$202.1 million, compared to US$136.5 million in 3Q24. Net income for 3Q25 was US$179.0 million, down from US$244.4 million in 3Q24. The company's cash position reached US$485.7 million, with net debt at US$224.9 million, resulting in a Leverage Ratio of 0.41x. Buenaventura's Board of Directors approved a dividend payment of US$0.1446 per share/ADS. The Peruvian Ministry of Energy and Mines granted Coimolache a new operating permit, enabling full-capacity production at Tantahuatay’s leach platform.