Buenaventura Mining (NYSE: BVN) reported third-quarter 2026 revenue up 27% to $545 million, EBITDA from direct operations up 34% to $261 million, and net income up 50% to $268 million. Free cash flow reached $242 million, the company held about $1 billion in cash, and the board approved an interim dividend of $0.5508 per share or ADS. Copper output rose 7% to 13,600 metric tons on higher El Brocal throughput, while gold fell 6% and silver fell 21%, with costs higher due to a more selective mining method and the shift to an owner-operated fleet. San Gabriel's ramp-up is constrained by filtered-tailings drying and compaction capacity rather than the processing plant, and the company aims to reach nameplate capacity by the end of 2028, with annual gold output projected at 110,000–120,000 ounces.
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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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