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Compania de Minas Buenaventura S.A. - BVN STOCK NEWS

Welcome to our dedicated news page for Compania de Minas Buenaventura S.A. (Ticker: BVN), a resource for investors and traders seeking the latest updates and insights on Compania de Minas Buenaventura S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Compania de Minas Buenaventura S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Compania de Minas Buenaventura S.A.'s position in the market.

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Buenaventura, Peru's largest publicly-traded precious metals mining company, announced its 1Q24 results for production and volume sold. The company provided detailed figures for gold, silver, lead, zinc, and copper production across its various operations.
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Compañía de Minas Buenaventura S.A.A. (NYSE: BVN) invites you to its First Quarter 2024 Earnings Conference Call on April 30, 2024, with CEO Leandro García Raggio. Buenaventura is Peru's largest publicly traded precious and base metals company, engaged in exploration, mining, and trading of gold, silver, and other metals.
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Compañia de Minas Buenaventura S.A.A. (BVN) receives final operating permit for Yumpag mine, marking a significant milestone. CEO Leandro Garcia highlights the company's efficiency in handling mining projects and regulatory processes. The permit allows Buenaventura to begin production, showcasing readiness to capitalize on opportunities and execute strategic objectives.
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Compañia de Minas Buenaventura S.A.A. announced its fourth quarter and full-year 2023 results, showcasing a significant increase in EBITDA from direct operations compared to the previous year. Despite a net loss in the fourth quarter, Buenaventura's cash position improved, and net debt decreased. The company executed the sale of Contacto and started production at Yumpag. However, an adverse ruling by the Peruvian Supreme Court led to a provision impacting net income. Buenaventura received dividends from its stake in Cerro Verde and proposed a dividend payment per share/ADS. Financial highlights include increases in total revenues and EBITDA from direct operations, although net income saw a decline.
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Compañía de Minas Buenaventura S.A.A. announces 4Q23 production results for gold, silver, lead, zinc, and copper. The company provides detailed figures for metal production and volume sold, with projections for 2024.
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Compañía de Minas Buenaventura S.A.A. (BVN) will hold its Fourth Quarter 2023 earnings conference call on March 1, 2024, to review financial and operating results. The call will feature CEO Leandro García Raggio and other senior management members. The company is Peru’s largest publicly traded precious and base metals company, with significant mining rights in Peru. Buenaventura operates several mines in Peru and owns a stake in Sociedad Minera Cerro Verde, a major Peruvian copper producer. The press release also provides contact information for further inquiries.
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Compañia de Minas Buenaventura S.A.A. (BVN) has announced the decision to call a General Shareholders' Meeting to consider the partial amendment of the bylaws to increase the number of directors from seven to nine. This would allow the appointment of two directors proposed by Antofagasta, based on the percentage of its owned shares. The Company believes that Antofagasta's contribution would add value to the Board of Directors due to its experience and knowledge in the mining sector. Buenaventura is Peru’s largest publicly-traded precious and base metals Company, engaged in the exploration, mining development, processing, and trade of gold, silver, and other base metals. The Company currently operates several mines in Peru and owns a significant stake in a Peruvian copper producer. For more information, please contact the Company or visit its website.
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Compañia de Minas Buenaventura S.A.A. (BVN) has announced that Antofagasta plc has acquired approximately 19% of Buenaventura's outstanding shares. The Chairman of the Board looks forward to collaborating with Antofagasta to grow the value of the business. Buenaventura is Peru’s largest publicly-traded precious metals mining company, engaged in the exploration, mining development, processing, and trade of gold, silver, and other base metals.
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Compañia de Minas Buenaventura S.A.A. has reached a definitive agreement to sell its risk and insurance brokerage, Contacto Corredores De Seguros S.A., to Howden Holdco Perú S.A.C. for $33.7 million in cash. The sale proceeds will be used to accelerate Buenaventura's deleveraging and support financing of the San Gabriel and Yumpag projects.
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Compañia de Minas Buenaventura, Peru's largest publicly-traded precious metals mining company, announced its third quarter (3Q23) and nine-month (9M23) results. EBITDA from direct operations increased to US$53.3 million in 3Q23, compared to US$22.2 million in 3Q22. Net loss from direct operations in 3Q23 was US$24.3 million, compared to a net loss of US$22.6 million in the same period last year. Buenaventura's cash position reached US$221.8 million and net debt decreased to US$493.7 million. Copper production increased by 35% YoY in 9M23, while zinc, lead, silver, and gold production decreased. Capital expenditures for 9M23 reached US$145.7 million. The Yumpag project's Environmental Impact Assessment was approved, and production initiation is targeted for 4Q23.
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Compania de Minas Buenaventura S.A.

NYSE:BVN

BVN Rankings

BVN Stock Data

4.08B
144.03M
18.94%
51.26%
0.94%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Peru
Lima

About BVN

Compañia de Minas Buenaventura is a Peruvian precious metals company engaged in the mining and exploration of gold, silver and other metals.