Buenaventura announced its third-quarter and nine-month 2026 results. Direct copper production rose 7% year-over-year, mainly from higher ore throughput at El Brocal, while direct gold fell 6%; equity-attributable gold, including associates, rose 7% on a full quarter at nameplate capacity at Coimolache. Silver output fell 21%, lead 12% and zinc 1%. Direct-operations EBITDA was US$261.2 million in 3Q26 (vs US$195.3 million in 3Q25) and net income was US$268.4 million (vs US$179.0 million); for nine months, EBITDA was US$882.0 million and net income US$825.4 million. Processing at San Gabriel was constrained for most of the quarter during tailings filtration reinforcement, resuming in the final week of September. The company reported cash of US$1,000.6 million and negative net debt of US$307.3 million, and its Board approved a dividend of US$0.5508 per share or ADS.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/29/2026 | 4,021.63 |
| Change that session | -1.13% |
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