株探米国株
エドガーで原本を確認する
6-K 1 tm2612041d1_6k.htm FORM 6-K

 

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 April 2026

 

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)

 

 

 

AV. BEGONIAS NO. 415, 19TH FLOOR,

SAN ISIDRO, LIMA, 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 First Quarter 2026 Results for Production and Volume Sold per Metal

 

Lima, Peru, April 16, 2026 – 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 1Q26 results for production and volume sold.

 

Production per Metal

 

          Three Months Ended March 31, 2026    

2026

Guidance (1)

 
                   
Gold ounces produced                        
El Brocal     61.43%       4,236       15.0k - 17.0k  
Orcopampa     100%       14,992       42.0k - 47.0k  
Tambomayo     100%       2,964       5.0k - 6.0k  
Julcani     100%       2,464       9.0k - 11.0k  
La Zanja     100%       3,694       14.0k - 17.0k  
San Gabriel     100%       1,686       48.0k - 55.0k  
Total Direct Operations (2)             30,035       133.0k - 153.0k  
Coimolache     40.094%       23,480       90.0k - 100.0k  
Total incl. Associated (3)             37,815       163.3k - 186.5k  
                         
Silver ounces produced                        
El Brocal     61.43%       607,751       1.5M - 1.7M  
Uchucchacua     100%       594,110       2.5M - 2.8M  
Yumpag     100%       2,083,483       7.9M - 8.7M  
Orcopampa     100%       2,570       -  
Tambomayo     100%       294,325       0.2M - 0.3M  
Julcani     100%       299,297       1.3M - 1.5M  
La Zanja     100%       13,760       -  
San Gabriel     100%       840       -  
Total Direct Operations (2)             3,896,136       13.4M - 15.0M  
Coimolache     40.094%       118,721       0.3M - 0.4M  
Total incl. Associated (3)             3,709,327       12.9M - 14.5M  
                         
Lead metric tons produced                        
Uchucchacua     100%       3,763       17.0k - 19.0k  
Tambomayo     100%       517       0.5k - 0.6k  
Julcani     100%       215       -  
Total Direct Operations (2)             4,495       17.5k - 19.6k  
                         
Zinc metric tons produced                        
Uchucchacua     100%       6,968       27.0k - 30.0k  
Tambomayo     100%       411       0.8k - 1.0k  
Total Direct Operations (2)             7,379       27.8k - 31.0k  
                         
Copper metric tons produced                        
El Brocal     61.43%       10,811       48.0k - 53.0k  
Julcani     100%       87       -  
Total Direct Operations (2)             10,898       48.0k - 53.0k  

 

1


 

 

 

1. 2026 projections are considered to be forward-looking statements and represent management’s good faith estimates or expectations of future production results as of April 2026.
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.

 

Volume Sold per Metal

 

    Three Months Ended March 31, 2026  
       
Gold ounces sold        
El Brocal     1,826  
Orcopampa     14,971  
Tambomayo     2,667  
Julcani     2,114  
La Zanja     3,977  
San Gabriel     0  
Total Direct Operations (1)     25,554  
Coimolache     19,656  
Total incl. Associated (2)     32,731  
         
Silver ounces sold        
El Brocal     488,534  
Uchucchacua     538,803  
Yumpag     2,000,924  
Orcopampa     2,615  
Tambomayo     258,557  
Julcani     252,233  
La Zanja     18,932  
San Gabriel     0  
Buenaventura Trading (3)     22,011  
Total Direct Operations (1)     3,582,609  
Coimolache     103,223  
Total incl. Associated (2)     3,435,568  
         
Lead metric tons sold        
Uchucchacua     3,451  
Yumpag     170  
Tambomayo     401  
Julcani     165  
Total Direct Operations (1)     4,187  
         
Zinc metric tons sold        
Uchucchacua     5,215  
Tambomayo     325  
Total Direct Operations (1)     5,540  
         
Copper metric tons sold        
El Brocal     9,960  
Tambomayo     63  
Julcani     0  
Buenaventura Trading (3)     2,248  
Total Direct Operations (1)     12,269  

 

2


 

 

 

1. Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 100% of El Brocal and 100% of Buenaventura Trading.
2. Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 100% of Buenaventura Trading, 61.43% of El Brocal and 40.094% of Coimolache.
3. Buenaventura Trading is the vehicle through which Buenaventura purchases copper concentrate from Freeport, produced at Cerro Verde — a company in which Buenaventura holds a 19.58% stake. The concentrate is then sold on the spot market via Buenaventura Trading.

 

Average realized prices(1)(2)

 

    Three Months Ended March 31, 2026
     
Gold (US$/Oz)   4,875
Silver (US$/Oz)   99.29
Lead (US$/MT)   1,798
Zinc (US$/MT)   3,316
Copper (US$/MT)   13,696

 

1. Considers Buenaventura consolidated figures.
2. Realized prices include both provisional sales and final adjustments for price changes.

 

Commentary on Operations

 

Uchucchacua:

 

· Silver production exceeded 1Q26 projections due to higher than anticipated silver grades.
· 1Q26 lead and zinc production was in line with projections.

 

Yumpag:

 

· Silver production exceeded 1Q26 projections, driven by higher-than-expected grades.

 

El Brocal:

 

· Copper and silver production exceeded projections in 1Q26, primarily due to higher grades from stopes which had been rescheduled to be mined in 1Q26 from 4Q25.
· Gold production also outperformed guidance, driven by higher-than-budgeted grades as well as improved recovery during the quarter.

 

San Gabriel:

 

· San Gabriel entered the ramp-up phase during 1Q26, with activities currently focused on the instrumentation of the grinding circuit and commissioning of tailings filtration system. During this phase, operating parameters are being optimized, resulting in lower ore throughput for the quarter and gold production below projections.
· With production volumes continuing to ramp up, the Company expects to start recording sales volumes in 2Q26.

 

3


 

 

 

Coimolache:

 

· Gold production for 1Q26 was in line with projections.
· Silver production exceeded 1Q26 projections driven by higher-than-anticipated grades and recovery.

 

Julcani:

 

· Gold production slightly exceeded projections, primarily due to higher ore throughput from the Rosario area.
· However, silver production in 1Q26 was below projections, reflecting lower ore throughput and grades.

 

Tambomayo:

 

· Silver and lead production exceeded projections in 1Q26, primarily driven by the prioritization of higher-grade ore from the upper sections of the mine.
· However, gold and zinc production were below projections, reflecting lower grades in the areas mined during the quarter.

 

Orcopampa:

 

· Gold production in 1Q26 exceeded projections, due to higher-than-budgeted grades.

 

La Zanja:

 

· Gold production in 1Q26 was in line with projections.

 

 

 

 

 

 

 

 

 

 

 

Company Description

Compañía de Minas Buenaventura S.A.A. is Peru’s largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru. The Company is engaged in the exploration, mining development, processing and trade of gold, silver and other base metals via wholly-owned mines and through its participation in joint venture projects. Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

 

4


 

 

 

The Company owns 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer (a partnership with Freeport-McMorRan Inc. and Sumitomo Corporation).

 

(*) Operations wholly owned by Buenaventura.

 

Note on Forward-Looking Statements

This press release may contain forward-looking information (as defined in the U.S. Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties, including those concerning Cerro Verde’s costs and expenses, results of exploration, the continued improving efficiency of operations, prevailing market prices of gold, silver, copper and other metals mined, the success of joint ventures, estimates of future explorations, development and production, subsidiaries’ plans for capital expenditures, estimates of reserves and Peruvian political, economic, social and legal developments. These forward-looking statements reflect the Company’s view with respect to Cerro Verde’s future financial performance. Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.

 

 

5


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  COMPAÑÍA DE MINAS BUENAVENTURA S.A.A.
     
Date: April 16, 2026 By: /s/ DANIEL DOMÍNGUEZ VERA  
  Name: Daniel Domínguez Vera
  Title: Market Relations Officer