Compania De Minas Buenaventura Saa · BVL:BUENAVC1
Compania De Minas Buenaventura Saa — Compañía de Minas Buenaventura — Q1 2021 Earnings Presentation
14 slides from Compania De Minas Buenaventura Saa's earnings presentation, Apr 29, 2021
Slide 1: First Quarter 2021 Results Conference Call
First 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: 1Q21 Highlights
NYSE: BVN 1Q21 Highlights EBITDA from direct operations reached US$ 38.2 million in 1Q21, compared to negative 1. US$ 6.7 million reported in 1Q20. 1Q21 Adjusted EBITDA including associated companies reached US$ 182.9 million, 2. compared to US$ 30.1 million in 1Q20. 1Q21 net income of US$ 16.4 mill
Slide 4: Financial Highlights 1Q21
NYSE: BVN Financial Highlights 1Q21 Total Revenues EBITDA Direct Operations EBITDA Including Associates In US$ millions In US$ millions In US$ millions 508% 185.9 182.9 62% 114.5 38.2 30.1 -6.7 1Q20 1Q21 1Q20 1Q21 1Q20 1Q21 Net Income CAPEX (1) Free Cash Flow In US$ millions In US$ millions In US$ m
Slide 5: Attributable Production: Gold and Silver
NYSE: BVN Attributable Production (1) Gold Production Silver Production In 000 AuOz In M AgOz 89.2 -29% 62.9 53.2 -49% 27.1 -8% 3.8 3.5 36.0 35.8 1Q20 1Q21 1Q20 1Q21 BVN Direct Operations Yanacocha Notes: (1) Includes 100% of Tambomayo, Orcopampa, Uchucchacua, Julcani; 61.43% of El Brocal; 53.06% of
Slide 6: Attributable Production: Zinc, Lead and Copper
NYSE: BVN Attributable Production (1) Zinc Production Lead Production In 000 ZnMT In 000 PbMT 12.9 -27% 9.3 -37% 7.0 4.4 1Q20 1Q21 1Q20 1Q21 Copper Production In 000 CuMT +1% 23.7 24.0 18.1 19.3 -16% 5.6 4.7 1Q20 1Q21 BVN Direct Operations Cerro Verde Notes: (1) Includes 100% of Tambomayo, Orcopampa
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$/AuOz 1Q20 1Q21 2,054 -21% Gold -14% (US$/Oz) 1,510 1,295 1,631 Silver +17% (US$/Oz) 16.56 19.39 Lead -6% (US$/MT) 1,411 1,329 Copper 5,193 +8% 5,594 (US$/MT) Zinc +8% 1,914 2,059 (US$/MT) 1Q20 1Q21 Notes: (1) Cons
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 • Working with the authorities to resume the “Consulta Previa” process aiming at completion by the second half of 2021. • Currently working to obtain the construction permit. • Submitted
Slide 10: Greenfield Projects - Trapiche (Cu)
NYSE: BVN Greenfield Projects - Trapiche (Cu) Progress Project Maturity Highlights • Working with communities on defining development opportunities to support the second EIA workshop by the end of 3Q21. • Continue with the chloride leaching tests obtaining good results and evaluating its inclusion i
Slide 11: Greenfield Projects - Rio Seco (Cu As)
NYSE: BVN Greenfield Projects - Rio Seco (Cu As) Location Map Project Maturity Río Seco Highlights • Executing solvent extraction tests to increase Au-Ag residue value. • Currently working on responding the EIA´s issued observations/questions. Technical Assumptions • Main source: Marcapunta Cu Conce
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. • Currently defining drilling contractor to increase resource certainty. 12
Slide 13: Q&A
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Slide 14: First Quarter 2021 Results Conference Call
First Quarter 2021 Results Conference Call
Compañía de Minas Buenaventura — Q1 2021 Earnings Presentation on 6ix