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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

 

For the month of April 2026

 

Commission File Number: 001-14370

 

 

 

COMPANIA DE MINAS BUENAVENTURA S.A.A.

(Exact name of registrant as specified in its charter)

 

BUENAVENTURA MINING COMPANY INC.

(Translation of registrant’s name into English)

 

 

 

AV. BEGONIAS NO. 415, 19TH FLOOR,

SAN ISIDRO, LIMA, PERU

(Address of principal executive office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F  x            Form 40-F  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes  ¨            No  x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes  ¨            No  x

 

 

 

 

 

 

 

 

Buenaventura Announces First Quarter 2026 Results for Production and Volume Sold per Metal

 

Lima, Peru, April 16, 2026 – Compañía de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced 1Q26 results for production and volume sold.

 

Production per Metal

 

       Three Months Ended March 31, 2026  

2026

Guidance (1)

 
             
Gold ounces produced               
El Brocal   61.43%    4,236    15.0k - 17.0k 
Orcopampa   100%    14,992    42.0k - 47.0k 
Tambomayo   100%    2,964    5.0k - 6.0k 
Julcani   100%    2,464    9.0k - 11.0k 
La Zanja   100%    3,694    14.0k - 17.0k 
San Gabriel   100%    1,686    48.0k - 55.0k 
Total Direct Operations (2)        30,035    133.0k - 153.0k 
Coimolache   40.094%    23,480    90.0k - 100.0k 
Total incl. Associated (3)        37,815    163.3k - 186.5k 
                
Silver ounces produced               
El Brocal   61.43%    607,751    1.5M - 1.7M 
Uchucchacua   100%    594,110    2.5M - 2.8M 
Yumpag   100%    2,083,483    7.9M - 8.7M 
Orcopampa   100%    2,570    - 
Tambomayo   100%    294,325    0.2M - 0.3M 
Julcani   100%    299,297    1.3M - 1.5M 
La Zanja   100%    13,760    - 
San Gabriel   100%    840    - 
Total Direct Operations (2)        3,896,136    13.4M - 15.0M 
Coimolache   40.094%    118,721    0.3M - 0.4M 
Total incl. Associated (3)        3,709,327    12.9M - 14.5M 
                
Lead metric tons produced               
Uchucchacua   100%    3,763    17.0k - 19.0k 
Tambomayo   100%    517    0.5k - 0.6k 
Julcani   100%    215    - 
Total Direct Operations (2)        4,495    17.5k - 19.6k 
                
Zinc metric tons produced               
Uchucchacua   100%    6,968    27.0k - 30.0k  
Tambomayo   100%    411    0.8k - 1.0k 
Total Direct Operations (2)        7,379    27.8k - 31.0k 
                
Copper metric tons produced               
El Brocal   61.43%    10,811    48.0k - 53.0k 
Julcani   100%    87    - 
Total Direct Operations (2)        10,898    48.0k - 53.0k 

 

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1.2026 projections are considered to be forward-looking statements and represent management’s good faith estimates or expectations of future production results as of April 2026.
2.Considers 100% of Buenaventura’s operating units, 100% of La Zanja and 100% of El Brocal.
3.Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 61.43% of El Brocal and 40.094% of Coimolache.

 

Volume Sold per Metal

 

   Three Months Ended March 31, 2026 
     
Gold ounces sold     
El Brocal   1,826 
Orcopampa   14,971 
Tambomayo   2,667 
Julcani   2,114 
La Zanja   3,977 
San Gabriel   0 
Total Direct Operations (1)   25,554 
Coimolache   19,656 
Total incl. Associated (2)   32,731 
      
Silver ounces sold     
El Brocal   488,534 
Uchucchacua   538,803 
Yumpag   2,000,924 
Orcopampa   2,615 
Tambomayo   258,557 
Julcani   252,233 
La Zanja   18,932 
San Gabriel   0 
Buenaventura Trading (3)   22,011 
Total Direct Operations (1)   3,582,609 
Coimolache   103,223 
Total incl. Associated (2)   3,435,568 
      
Lead metric tons sold     
Uchucchacua   3,451 
Yumpag   170 
Tambomayo   401 
Julcani   165 
Total Direct Operations (1)   4,187 
      
Zinc metric tons sold     
Uchucchacua   5,215 
Tambomayo   325 
Total Direct Operations (1)   5,540 
      
Copper metric tons sold     
El Brocal   9,960 
Tambomayo   63 
Julcani   0 
Buenaventura Trading (3)   2,248 
Total Direct Operations (1)   12,269 

 

2

 

 

 

 

1.Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 100% of El Brocal and 100% of Buenaventura Trading.
2.Considers 100% of Buenaventura’s operating units, 100% of La Zanja, 100% of Buenaventura Trading, 61.43% of El Brocal and 40.094% of Coimolache.
3.Buenaventura Trading is the vehicle through which Buenaventura purchases copper concentrate from Freeport, produced at Cerro Verde — a company in which Buenaventura holds a 19.58% stake. The concentrate is then sold on the spot market via Buenaventura Trading.

 

Average realized prices(1)(2)

 

   Three Months Ended March 31, 2026
    
Gold (US$/Oz)  4,875
Silver (US$/Oz)  99.29
Lead (US$/MT)  1,798
Zinc (US$/MT)  3,316
Copper (US$/MT)  13,696

 

1.Considers Buenaventura consolidated figures.
2.Realized prices include both provisional sales and final adjustments for price changes.

 

Commentary on Operations

 

Uchucchacua:

 

·Silver production exceeded 1Q26 projections due to higher than anticipated silver grades.
·1Q26 lead and zinc production was in line with projections.

 

Yumpag:

 

·Silver production exceeded 1Q26 projections, driven by higher-than-expected grades.

 

El Brocal:

 

·Copper and silver production exceeded projections in 1Q26, primarily due to higher grades from stopes which had been rescheduled to be mined in 1Q26 from 4Q25.
·Gold production also outperformed guidance, driven by higher-than-budgeted grades as well as improved recovery during the quarter.

 

San Gabriel:

 

·San Gabriel entered the ramp-up phase during 1Q26, with activities currently focused on the instrumentation of the grinding circuit and commissioning of tailings filtration system. During this phase, operating parameters are being optimized, resulting in lower ore throughput for the quarter and gold production below projections.
·With production volumes continuing to ramp up, the Company expects to start recording sales volumes in 2Q26.

 

3

 

 

 

 

Coimolache:

 

·Gold production for 1Q26 was in line with projections.
·Silver production exceeded 1Q26 projections driven by higher-than-anticipated grades and recovery.

 

Julcani:

 

·Gold production slightly exceeded projections, primarily due to higher ore throughput from the Rosario area.
·However, silver production in 1Q26 was below projections, reflecting lower ore throughput and grades.

 

Tambomayo:

 

·Silver and lead production exceeded projections in 1Q26, primarily driven by the prioritization of higher-grade ore from the upper sections of the mine.
·However, gold and zinc production were below projections, reflecting lower grades in the areas mined during the quarter.

 

Orcopampa:

 

·Gold production in 1Q26 exceeded projections, due to higher-than-budgeted grades.

 

La Zanja:

 

·Gold production in 1Q26 was in line with projections.

 

 

 

 

 

 

 

 

 

 

 

Company Description

Compañía de Minas Buenaventura S.A.A. is Peru’s largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru. The Company is engaged in the exploration, mining development, processing and trade of gold, silver and other base metals via wholly-owned mines and through its participation in joint venture projects. Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

 

4

 

 

 

 

The Company owns 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer (a partnership with Freeport-McMorRan Inc. and Sumitomo Corporation).

 

(*) Operations wholly owned by Buenaventura.

 

Note on Forward-Looking Statements

This press release may contain forward-looking information (as defined in the U.S. Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties, including those concerning Cerro Verde’s costs and expenses, results of exploration, the continued improving efficiency of operations, prevailing market prices of gold, silver, copper and other metals mined, the success of joint ventures, estimates of future explorations, development and production, subsidiaries’ plans for capital expenditures, estimates of reserves and Peruvian political, economic, social and legal developments. These forward-looking statements reflect the Company’s view with respect to Cerro Verde’s future financial performance. Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  COMPAÑÍA DE MINAS BUENAVENTURA S.A.A.
     
Date: April 16, 2026 By: /s/ DANIEL DOMÍNGUEZ VERA  
  Name: Daniel Domínguez Vera
  Title: Market Relations Officer