Compania De Minas Buenaventura Saa · BVL:BUENAVC1
Compania De Minas Buenaventura Saa — Compañía de Minas Buenaventura — Q1 2025 Earnings Presentation
11 slides from Compania De Minas Buenaventura Saa's earnings presentation, May 1, 2025
Slide 1: 1Q25 Earnings Results Conference Call
1Q25 Earnings Results Conference Call
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains certain information that may constitute forward-looking information under applicable U.S. securities legislation, including but not limited to information about costs applicable to sales, general and administrative expenses; production volumes; current
Slide 3: Executing Our Strategy: Strong Performance, Growth and Financial Discipline
Executing Our Strategy: Strong Performance, Growth and Financial Discipline EBITDA Direct Operations 1Q25 CAPEX (US$ M) Consolidated Production (2) In US$ millions = EBITDA Margin 41% 15.4 38% 3.4 Cu (kton) 126 10.9 Sustaining 12.2 -21% 95 36 San Gabriel Others - Growth +20% Ag 3.1 21.8 (MOz) 3.7 79
Slide 4: Cost Discipline & Operational Stability in Line with Expectations
Cost Discipline & Operational Stability in Line with Expectations Copper All-in Sustaining Cost (1) Cost Applicable to Sales (1) In US$/TMF-Cu 7,100 6,869 6,227 6,031 6,056 6,414 5,047 5,353 Copper El Brocal: US$/TMF-Cu 3,012 Lower byproduct credit contribution. 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q
Slide 5: Free cash flow generation
Free cash flow generation(1) 1Q25 Cash generation 1Q25 EBITDA to FCF reconciliation In US$ millions In US$ millions 230 - 1 648 231 170 20 126 478 -82 7 2032 Bonds, net: US$ 635M 0 1 -111 2026 Bond tender: -US$ 403M -17 -66 -2 Beginning Operations Investing Financing Dividends Dividends Final EBITDA
Slide 6: San Gabriel: Steady progress towards first gold bar in 4Q25
San Gabriel: Steady progress towards first gold bar in 4Q25 Highlights Project Milestones As of 1Q25 CAPEX Commissioning plan in Commissioning Primary Filter Water Commissioning US$ 505 M implementation Plan Crusher CIL Plant Dam Complete Gold Bar 1Q25 CAPEX primary allocated to 4Q24 1Q25 2Q25 3Q25
Slide 7: San Gabriel: 79% complete, preparing for ramp-up
San Gabriel: 79% complete, preparing for ramp-up Crushing area Processing Plant: Conveyor 100% progress of Primary Crusher mechanical works Milling area 98% progress of SAG and Ball mills mechanical works 97% progress of CIL tanks CIL tanks mechanical works Oxygen Plant 7
Slide 8: San Gabriel: 79% complete, preparing for ramp-up
San Gabriel: 79% complete, preparing for ramp-up Crushing area Milling area Oxygen Plant Conveyor CIL tanks Processing Plant: 72% progress of Primary Crusher E&S works 50% progress of SAG and Ball mills E&S works 66% progress of CIL tanks E&I works 8
Slide 9: High-standard filtered tailing facility reducing environmental footprint
High-standard filtered tailing facility reducing environmental footprint Filtered Tailings Plant 74% Overall progress 9
Slide 10: Closing Remarks
Closing Remarks 1 San Gabriel: Steady progress towards the first gold bar in 4Q25. The project has reached 79% overall progress. 2 Yumpag: A key driver for the company, contributing 2.3 Moz-Ag in 1Q25 and generating robust cash flow. 3 Driving Growth: Increasing gold, silver, and copper reserves, po
Slide 11: Q&A
Bucnave NTURA Q&A
Compañía de Minas Buenaventura — Q1 2025 Earnings Presentation on 6ix