Financial Performance - Buenaventura's 2Q25 net income was US$91 million, compared to US$71 million in 2Q24[4] - The company's cash position is US$589 million, with a debt of US$860 million[4] - Buenaventura redeemed the remaining US$149 million of its 2026 bond on July 23[4] - 2Q25 EBITDA was US$130 million[9] Production - Gold production reached 33800 ounces in 2Q25, a 28% increase compared to 27300 ounces in 2Q24[4] - Silver production was 4 million ounces in 2Q25, an 11% decrease compared to 3600000 ounces in 2Q24[4] - Copper production was 10300 tons in 2Q25, a 19% decrease compared to 13200 tons in 2Q24[4] Costs - Copper All-in Sustaining Cost was US$1872 per TMF-Cu in 2Q25, compared to US$1151 per TMF-Cu in 2Q24[6] - Cost Applicable to Sales was US$6478 per Oz-Au in 2Q25, compared to US$6414 per Oz-Au in 1Q25[6] San Gabriel Project - San Gabriel project is 88% complete and is preparing for ramp-up[13, 15] - 2Q25 CAPEX related to San Gabriel was US$82 million, with a total cumulative CAPEX of US$588 million[4, 12] - The company aims for the first gold bar by 4Q25, pending permits[12, 20]
Buenaventura(BVN) - 2025 Q2 - Earnings Call Presentation