Compania De Minas Buenaventura Saa · BVL:BUENAVC1
Compania De Minas Buenaventura Saa — Compañía de Minas Buenaventura — Q2 2021 Earnings Presentation
14 slides from Compania De Minas Buenaventura Saa's earnings presentation, Aug 3, 2021
Slide 1: Second Quarter 2021 Results Conference Call
Second Quarter 2021 Results Conference Call
Slide 2: Cautionary Statement
NYSE: BVN Cautionary Statement This presentation and related conference call contain, in addition to historical information, forward-looking statements including statements related to the Company’s ability to manage its business and liquidity during and after the COVID-19 pandemic, the impact of the
Slide 3: 2Q21 Highlights
NYSE: BVN 2Q21 Highlights 2Q21 EBITDA from direct operations reached US$ 66.9 million, compared to US$ 26.4 million reported 1. in 2Q20. 2Q21 Adjusted EBITDA including associated companies reached US$ 229.7 million, compared to US$ 2. 84.5 million in 2Q20. 2Q21 net income reached US$ 37.5 million, c
Slide 4: Financial Highlights 2Q21
NYSE: BVN Financial Highlights 2Q21 Total Revenues EBITDA Direct Operations In US$ millions In US$ millions 426.7 402.2 101% 146% 105.2 240.9 212.3 435% 74.8 273% 67.0 97.8 17.9 19.7 2Q20 2Q21 6M20 6M21 6M19 2Q20 2Q21 6M20 6M21 6M19 EBITDA Including Associates CAPEX (1) In US$ millions In US$ millio
Slide 5: Attributable Production: Gold and Silver
NYSE: BVN Attributable Production (1) Gold Production Silver Production In 000 AuOz In M AgOz +21% 7.0 -10% 151.2 5.8 136.3 +18% 82.8 56.2 +76% 73.4 3.5 62.0 29.1 2.0 29.6 68.4 80.1 32.4 44.3 2Q20 2Q21 6M20 6M21 2Q20 2Q21 6M20 6M21 BVN Direct Operations Yanacocha Notes: (1) Includes 100% of Tambomay
Slide 6: Attributable Production: Zinc, Lead and Copper
NYSE: BVN Attributable Production (1) Zinc Production Lead Production In 000 ZnMT In 000 PbMT +26% 21.3 16.9 +3% +201% 12.0 10.6 10.3 +91% 6.3 4.0 3.3 2Q20 2Q21 6M20 6M21 2Q20 2Q21 6M20 6M21 Copper Production In 000 CuMT +18% 48.9 41.4 +40% 24.8 37.6 17.7 33.8 18.3 15.8 6.4 7.5 11.3 1.9 2Q20 2Q21 6M
Slide 7: All-in Sustaining Cost and Costs Applicable to Sales
NYSE: BVN All-in Sustaining Cost and Costs Applicable to Sales AISC (1) CAS (2) In US$/AuOz 6M20 6M21 -18% 1,816 Gold +12% (US$/Oz) 1,124 1,262 1,493 Silver +27% (US$/Oz) 15.43 19.65 Lead +2% (US$/MT) 1,289 1,320 Copper +13% 5,262 5,949 (US$/MT) Zinc +19% 1,764 2,091 (US$/MT) 6M20 6M21 Notes: (1) Co
Slide 8: Pipeline of Projects – Update
NYSE: BVN Pipeline of Projects – Update Our Projects Development Level Exploration Scoping Prefeasibility Feasibility Development Construction Startup BVN´s operations presence Chacua Yanacocha 10y (1) Sulfides (1) (5) Piura 9 El Faique Rio Seco (9) Cu – As Cajamarca 7 1 Coimolache (3) 8 Sulfides (7
Slide 9: Greenfield Projects – San Gabriel (Au)
NYSE: BVN Greenfield Projects – San Gabriel (Au) Feasibility - Optimized Plant Layout Project Maturity Highlights • Obtained Water Dam construction permit. • Working with the authority in extension of EIAs validity as it will expire by 1Q22. • MINEM advanced “Consulta Previa” process to the dialogue
Slide 10: Greenfield Projects - Trapiche (Cu)
NYSE: BVN Greenfield Projects - Trapiche (Cu) Progress Project Maturity Highlights • Finishing chloride leaching pre-feasibility level testing, trade-off study to be completed by September. • Advancing cooperation agreements with communal authorities to support the second EIA’s workshop by the end o
Slide 11: Greenfield Projects - Rio Seco (Cu As)
NYSE: BVN Greenfield Projects - Rio Seco (Cu As) Location Map Project Maturity Río Seco Highlights • Finished testing activities to improve Ag-Au residue value. • Submitted first batch of EIA’s observations, currently working on the second batch. • Confirmed project’s water and power viability with
Slide 12: Greenfield Projects – Tantahuatay's Sulfides (Cu)
NYSE: BVN Greenfield Projects – Tantahuatay’s Sulfides (Cu) Long Section Project Maturity Highlights • Approved viability stage with Coimolache´s board. • Infill Drilling to begin on 3Q21. 12
Slide 13: Q&A
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Slide 14: Second Quarter 2021 Results Conference Call
Second Quarter 2021 Results Conference Call
Compañía de Minas Buenaventura — Q2 2021 Earnings Presentation on 6ix