Buenaventura Announces Results for Third Quarter 2021 Production and Volume Sold per Metal
3Q21 Production per Metal and 2021 Guidance |
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( |
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1Q21
|
2Q21
|
3Q21
|
9M21
|
|
Updated 2021
|
|
|
|
|
|
|
|
|
Gold (Oz.) |
|
|
|
|
|
|
Orcopampa |
5,986 |
9,130 |
15,547 |
30,663 |
|
40k - 45k |
Tambomayo |
15,347 |
17,964 |
17,837 |
51,148 |
|
69k - 75k |
La Zanja |
3,908 |
4,447 |
5,967 |
14,322 |
|
18k - 21k |
Coimolache |
26,133 |
30,378 |
29,597 |
86,107 |
|
105k-110k |
Yanacocha |
62,125 |
66,563 |
65,220 |
193,908 |
|
315k (3) |
El Brocal |
3,067 |
4,317 |
5,360 |
12,745 |
|
17k-19k |
|
|
|
|
|
|
|
Silver (Oz.) |
|
|
|
|
|
|
Uchucchacua |
1,243,916 |
1,268,082 |
1,220,393 |
3,732,391 |
|
3.7 M |
El Brocal |
1,574,305 |
1,603,208 |
1,482,163 |
4,659,676 |
|
5.4M - 6.0M |
Tambomayo |
284,677 |
432,638 |
509,836 |
1,227,151 |
|
1.6M - 1.8M |
Julcani |
648,854 |
570,248 |
657,494 |
1,876,596 |
|
2.1M - 2.4M |
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|
|
|
|
|
|
Lead (MT) |
|
|
|
|
|
|
El Brocal |
2,140 |
2,812 |
2,754 |
7,707 |
|
10.0k - 12.0k |
Uchucchacua |
1,292 |
1,715 |
1,830 |
4,836 |
|
4.8K |
Tambomayo |
1,504 |
2,767 |
1,978 |
6,249 |
|
7.7k - 8.2k |
|
|
|
|
|
|
|
Zinc (MT) |
|
|
|
|
|
|
El Brocal |
10,207 |
8,612 |
8,930 |
27,748 |
|
36.0k - 38.0k |
Uchucchacua |
1,246 |
3,029 |
1,928 |
6,203 |
|
6.2K |
Tambomayo |
1,821 |
3,671 |
3,397 |
8,888 |
|
10.5k - 12.0k |
|
|
|
|
|
|
|
Copper (MT) |
|
|
|
|
|
|
El Brocal |
7,965 |
10,494 |
9,146 |
27,606 |
|
37.0k - 42.0k |
|
|
|
|
|
|
|
1. Above 2021 projections are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of
2. Updated guidance could potentially be adversely impacted by further COVID-19 effects.
3. As announced by Newmont on
Additional Comments |
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Tambomayo:
3Q21 gold production was in line with expectations. 2021 gold guidance remains unchanged.
The Company has increased its full year 2021 silver, lead and zinc production guidance.
-
Orcopampa:
3Q21 successful ramp-up with gold production in line with expectations. 2021 guidance remains unchanged.
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Coimolache:
3Q21 gold production in line with expectations. The Company has increased it’s 2021 gold production guidance for Coimolache.
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La Zanja:
3Q21 gold production exceeded expectations. The Company has increased its 2021 gold production guidance for La Zanja.
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Julcani:
3Q21 silver production was in line with expectations. 2021 guidance remains unchanged.
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El Brocal:
3Q21 production was in line with expectations. The Company has decreased its 2021 Gold and Zinc guidance slightly due to decreased processing plant recovery.
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Uchucchacua:
3Q21 silver, lead and zinc production below expectations with decreased production due to suspended operations resulting from an illegal road blockade by members of the local community which began onSeptember 13, 2021 .
Decreased 2021 silver production will be partially offset for the remainder of the year by increased production by other mining units.
3Q21 Payable Volume Sold |
3Q21 Volume sold per Metal ( |
|||||
1Q21 (Actual) |
2Q21 (Actual) |
3Q21 (Actual) |
9M21 (Actual) |
||
Gold (Oz.) | |||||
Orcopampa |
5,698 |
9,618 |
15,646 |
30,962 |
|
Tambomayo |
14,631 |
16,652 |
15,943 |
47,225 |
|
La Zanja |
3,897 |
4,455 |
5,169 |
13,521 |
|
Coimolache |
28,094 |
29,815 |
30,893 |
88,802 |
|
El Brocal |
1,951 |
2,805 |
3,806 |
8,562 |
|
|
|
|
|
||
Silver (Oz.) |
|
|
|
|
|
Uchucchacua |
1,029,816 |
1,226,055 |
1,107,282 |
3,363,154 |
|
El Brocal |
1,244,168 |
1,325,553 |
1,235,143 |
3,804,864 |
|
Tambomayo |
257,290 |
380,029 |
445,525 |
1,082,844 |
|
Julcani |
614,164 |
547,606 |
606,737 |
1,768,507 |
|
|
|
|
|
||
Lead (MT) |
|
|
|
|
|
El Brocal |
2,239 |
2,597 |
2,461 |
7,297 |
|
Uchucchacua |
1,014 |
1,450 |
1,562 |
4,025 |
|
Tambomayo |
1,440 |
2,575 |
1,813 |
5,827 |
|
Julcani |
113 |
91 |
83 |
286 |
|
|
|
|
|
||
Zinc (MT) |
|
|
|
|
|
El Brocal |
8,491 |
7,117 |
7,367 |
22,975 |
|
Uchucchacua |
914 |
2,309 |
1,444 |
4,667 |
|
Tambomayo |
1,401 |
3,049 |
2,304 |
6,754 |
|
|
|
|
|
||
Copper (MT) |
|
|
|
|
|
El Brocal |
7,536 |
9,948 |
8,677 |
26,161 |
|
Realized Metal Prices* | |||||
1Q21
|
2Q21
|
3Q21
|
9M21
|
||
Gold (Oz) |
1,726 |
1,815 |
1,764 |
1,771 |
|
|
26.98 |
27.06 |
23.94 |
25.98 |
|
Lead (MT) |
2,129 |
2,192 |
2,412 |
2,249 |
|
Zinc (MT) |
3,220 |
3,010 |
3,048 |
3,088 |
|
Copper (MT) |
8,994 |
10,033 |
9,488 |
9,553 |
|
*Buenaventura consolidated figures. |
Appendix |
1. 3Q21 Production per Metal |
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1Q21 (Actual) |
2Q21 (Actual) |
3Q21 (Actual) |
9M21 (Actual) |
|
Gold (Oz.) | ||||
Julcani | 13 |
48 |
85 |
146 |
|
|
|
|
|
Silver (Oz.) |
|
|
|
|
Orcopampa | 1,043 |
1,781 |
4,716 |
7,539 |
La Zanja | 27,042 |
20,519 |
24,011 |
71,573 |
Coimolache | 200,993 |
166,327 |
159,072 |
526,393 |
Yanacocha | 187,057 |
33,338 |
-1,483 |
218,912 |
|
|
|
|
|
Lead (MT) |
|
|
|
|
Julcani | 146 |
123 |
114 |
383 |
2. 3Q21 Volume Sold per Metal |
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1Q21 (Actual) |
2Q21 (Actual) |
3Q21 (Actual) |
9M21 (Actual) |
|
Gold (Oz.) | ||||
Julcani | 10 |
46 |
64 |
119 |
|
|
|
|
|
Silver (Oz.) |
|
|
|
|
Orcopampa | 1,878 |
1,518 |
4,709 |
8,105 |
La Zanja | 28,964 |
24,710 |
26,683 |
80,356 |
Coimolache | 215,648 |
178,729 |
169,499 |
563,876 |
Company Description
Compañía de
The Company owns
For a printed version of the Company’s 2018 Form 20-F, please contact the persons indicated above, or download a PDF format file from the Company’s web site. (*) Operations wholly owned by Buenaventura
Note on Forward-Looking Statements
This press release may contain forward-looking information (as defined in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20211015005374/en/
Contacts in
(511) 419 2540
(511) 419 2591 / gabriel.salas@buenaventura.pe
Company Website: www.buenaventura.com.pe/ir
Contacts in NY:
(646) 452 2334
barbara@inspirgroup.com
Source: Compañia de