Compania de Minas Buenaventura S.A.A.
Price History
Loading chart...
About Compania de Minas Buenaventura S.A.A.
Compania de Minas Buenaventura S.A.A. (BVN) is a gold mining company. Our project database tracks 20 projects for Compania de Minas Buenaventura S.A.A. with technical and economic data extracted from company filings. Its flagship El Brocal (Resource Estimate) carries an after-tax NPV of $619M over a 17-year mine life.
Compañía de Minas Buenaventura is Peru's largest publicly traded precious metals company, operating seven mines producing gold, silver, and base metals — including Orcopampa, Tambomayo, and Julcani — while holding a 19.58% stake in the Cerro Verde copper mine operated by Freeport-McMoRan. The company achieved nine-month 2024 EBITDA of $333.8 million and commissioned the new San Gabriel gold mine in Moquegua during 2024.'s largest publicly traded precious metals company, operating seven mines producing gold, silver, and base metals — including Orcopampa, Tambomayo, and Julcani — while holding a 19.58% stake in the Cerro Verde copper mine operated by Freeport-McMoRan. The company achieved nine-month 2024 EBITDA of $33.8 million and commissioned the new San Gabriel gold mine in Moquegua during 2024.
Primary Commodities
Gold
Project Economics
Coimolache Sulfides
Copper· Peru· Exploration
PEA
Source: Company presentation
Coimolache (Tantahuatay)
Gold· Peru· Production
Production
Nov 2025
Mine TypeOpen-pit
Source: Company presentation
Uchucchacua & Yumpag
Silver· Peru· Production
Production
Nov 2025
Mine Life8 yrs
Annual Production20 MOz Ag (long-term average)
Recovery80%
Mine TypeUnderground
Contained Metal183 MOz Ag
- Mineral Reserves
- Included in consolidated reserves. 183 MOz Ag (2025 preliminary estimate).
Source: Company presentation
San Gabriel Project
Gold· Ichuña district, General Sánchez Cerro Province, Department of Moquegua, southern Peru· Under Construction
Feasibility
Apr 2025
NPV (After-Tax) @ 8.26%$191M
NPV (Pre-Tax)$388M
IRR (After-Tax)21.8%
Initial Capex$177M
Payback5.3 yrs
AISC1,568 US$/oz Au
Mine Life14.2 yrs
Annual Production109 koz Au
Head Grade3.71 g/t Au and 6.32 g/t Ag
Recovery85.3%
Mine TypeUnderground (underhand drift and fill - UDF)
Ownership100%
- Mineral Reserves
- Proven & Probable: 15,305 kt (15.3 Mt) at 3.71 g/t Au and 6.32 g/t Ag, containing 1,827 koz Au and 3,107 koz Ag
- Mineral Resources
- Measured + Indicated: 7,763 kt at 2.36 g/t Au and 7.64 g/t Ag, containing 588 koz Au and 1,907 koz Ag; Inferred: 7,049 kt at 3.23 g/t Au and 7.34 g/t Ag, containing 733 koz Au and 1,664 koz Ag
- Royalties / Streams
- 1.5% NSR royalty to Gold Fields S.A.; Mining Tax Royalty LOM average rate 4.2%; Special Mining Tax (IEM) LOM average rate 2.6%
Source: Technical report
El Brocal
Copper, Silver, Lead, Zinc· Peru, Pasco· Production
Resource Estimate
Dec 2024
NPV (After-Tax) @ 10.18%$619M
NPV (Pre-Tax)$942M
Mine Life17 yrs
Annual Production4,750 kt/yr
Head GradeOP 1.70% Cu, 75.87 g/t Ag, 0.02 g/t Au, 0.52% Pb, 1.07% Zn; UG 1.22% Cu, 19.60 g/t Ag, 0.59 g/t Au
Recovery75%
Mine TypeOpen-pit & Underground
Ownership61.4%
Contained Metal290 kt Cu
- Mineral Reserves
- OP P&P 6,702 kt @ 0.52% Pb, 1.07% Zn, 1.57% Cu, 75.87 g/t Ag; UG P&P 74,651 kt @ 1.22% Cu, 19.60 g/t Ag, 0.59 g/t Au
- Mineral Resources
- OP M&I 954 kt @ 0.36% Pb, 0.43% Zn, 1.29% Cu, 54.4 g/t Ag; UG M&I 32,909 kt @ 0.88% Cu, 15.7 g/t Ag, 0.44 g/t Au
Source: Technical report
Cerro Verde Mine
Copper· Peru, Arequipa (District of Uchumayo, Province of Arequipa, Department of Arequipa)· Production
Production
Dec 2024
AISC2.2 USD/lb copper
Mine Life30 yrs
Mine TypeOpen-pit
Ownership19.6%
- Mineral Reserves
- Total Reserves (100%): 4,577 M Tons, 0.35% Cu, 0.01% Mo, 1.52 g/t Ag; recoverable metal 25,249 M lbs Cu, 657 M lbs Mo, 100,181 k ozs Ag. Net to BV (19.58%): 896 M Tons, 0.35% Cu; 4,944 M lbs Cu, 129 M lbs Mo, 19,615 k ozs Ag.
- Mineral Resources
- Total Resources (100%): 2,451 M Tons, 0.32% Cu, 0.01% Mo, 1.70 g/t Ag; contained metal 17,463 M lbs Cu, 628 M lbs Mo, 133,762 k ozs Ag. Net to BV (19.58%): 480 M Tons, 0.32% Cu; 3,419 M lbs Cu, 123 M lbs Mo, 26,191 k ozs Ag.
Source: Technical report
Coimolache Mine
Gold, Silver· Peru· Production
Feasibility
Feb 2024
NPV (After-Tax) @ 7.94%$5M
NPV (Pre-Tax)$44M
Mine Life5 yrs
Head Grade0.28 g/t Au and 9.61 g/t Ag
Mine TypeOpen-pit
Strip Ratio0.6
Ownership100%
Contained Metal208.6 koz Au
- Mineral Reserves
- Probable: 43,692 kt @ 0.28 g/t Au, 9.61 g/t Ag; contained 396 koz Au, 13,500 koz Ag (100% ownership)
- Mineral Resources
- Indicated: 25,513 kt @ 0.25 g/t Au, 13.6 g/t Ag; contained 208.6 koz Au, 11,145 koz Ag. Inferred: 17,370 kt @ 0.23 g/t Au, 11.8 g/t Ag; contained 126.3 koz Au, 6,588 koz Ag (100% basis)
Source: Technical report
Coimolache Mine (40.094% BAOB)
Gold, Silver· Peru· Production
Feasibility
Feb 2024
Ownership40.1%
- Mineral Reserves
- Probable: 17,518 kt @ 0.28 g/t Au, 9.61 g/t Ag; contained 159 koz Au, 5,413 koz Ag (40.094% BAOB)
- Mineral Resources
- Indicated: 10,229 kt @ 0.25 g/t Au, 13.6 g/t Ag; contained 83.6 koz Au, 4,468 koz Ag. Inferred: 6,964 kt @ 0.23 g/t Au, 11.8 g/t Ag; contained 50.7 koz Au, 2,641 koz Ag (40.094% BAOB)
Source: Technical report
El Brocal (Colquijirca)
Copper· Cerro de Pasco, Peru· Production
Production
2024
Annual Production56,525 t Cu
Mine TypeOpen-pit & Underground
Ownership61.4%
- Mineral Reserves
- Tajo Norte Smelter (Cu-Ag): 4,935,461 TMS at 1.86 oz/t Ag, 2.13% Cu = 9,203,888 oz Ag, 105,282 TM Cu. Tajo Norte (Zn-Pb-Ag): 1,766,329 TMS at 4.06% Zn, 1.96% Pb, 4.04 oz/t Ag = 71,801 TM Zn, 34,541 TM Pb, 7,143,826 oz Ag. Marcapunta Norte: 74,650,886 TMS at 0.02 oz/t Au, 1.22% Cu, 0.63 oz/t Ag = 1,423,639 oz Au, 912,361 TM Cu, 47,038,166 oz Ag
Source: Company presentation
Julcani
Silver· Angaraes, Huancavelica, Peru· Production
Production
2024
AISC22.9 USD/oz Ag
Annual Production1,402,786 oz Ag
Head Grade15.85 oz/t Ag (Acchilla), 8.24 oz/t Ag (Rosario/Estela)
Mine TypeUnderground
Ownership100%
- Mineral Reserves
- 204,897 TMS with 16.06 oz/t Ag, 1.47 g/t Au, 2.43% Pb, 0.62% Cu = 3,290,239 oz Ag, 9,695 oz Au, 4,984 TM Pb, 1,266 TM Cu
Source: Company presentation
Uchucchacua & Yumpag (Combined Reserves)
Silver· Oyón, Lima, Peru· Production
Production
2024
Mine TypeUnderground
Ownership100%
- Mineral Reserves
- 7,322,191 TMS with 15.80 oz/t Ag, 1.11% Pb, 1.88% Zn, 7.90% Mn = 115,725,605 oz Ag, 81,146 TM Pb, 137,708 TM Zn. Breakdown: Uchucchacua: 2,983,406 TMS with 7.33 oz/t Ag, 1.92% Pb, 3.43% Zn, 4.30% Mn = 21,870,208 oz Ag, 57,140 TM Pb, 102,293 TM Zn; Yumpag: 4,338,785 TMS with 21.63 oz/t Ag, 0.55% Pb, 0.82% Zn, 10.37% Mn = 93,855,397 oz Ag, 24,007 TM Pb, 35,415 TM Zn
Source: Company presentation
Tantahuatay Sulfuros
Copper· Peru· Development
Resource Estimate
Jun 2023
Annual Production60 kt/d
Head Grade0.43% Cu, 0.19 g/t Au, 8.08 g/t Ag
Mine TypeOpen-pit
- Mineral Resources
- 734.8 Mt of ore with weighted average grade of 0.43% Cu, 0.19 g/t Au and 8.08 g/t Ag (Indicated 133.6 Mt; Inferred 601.2 Mt), NSR cut-off 7.76 US$/t, CuEq cut-off 0.1958%
Source: Technical report
Orcopampa (after-tax, without final & post closure), SRK conditional on Buenaventura corporate commitment
Source: Technical report
Uchucchacua
Silver· Peru - Oyón, Lima department; Yanahuanca, Daniel Alcides Carrion, Pasco department· Production
Feasibility
May 2022
NPV (After-Tax) @ 6.04%$35M
NPV (Pre-Tax)$249M
Mine Life5 yrs
Annual Production2,364,035 oz Ag
Head Grade5.70 oz/t Ag, 3.01% Pb, 4.99% Zn
Recovery82.9%
Mine TypeUnderground
Ownership100%
- Mineral Resources
- Measured 620 kt at 7.95 oz/t Ag, 1.06% Pb, 1.69% Zn, 6.94% Mn, 3.96% Fe; Indicated 1,607 kt at 7.86 oz/t Ag, 1.1% Pb, 1.85% Zn, 6.85% Mn, 5.61% Fe; Measured & Indicated 2,227 kt at 7.88 oz/t Ag, 1.09% Pb, 1.8% Zn, 6.87% Mn, 5.15% Fe; Inferred 7,029 kt at 11.73 oz/t Ag, 1.49% Pb, 2.2% Zn, 6.58% Mn, 6.57% Fe
Source: Technical report
Tambomayo
Gold & Silver· Peru; district of Tapay, province of Caylloma, Arequipa region· Production
Pre-Feasibility
May 2022
NPV (After-Tax) @ 6.04%$41M
Initial Capex$17M
Mine Life3 yrs
Annual Production1,500
Head Grade6.16 g/t Au, 5.37 oz/t Ag, 1.4% Pb, 2.1% Zn
Mine TypeUnderground
Ownership100%
- Mineral Reserves
- Proven & Probable: 1,388 kt, 3.01 g/t Au, 162.09 g/t Ag, 0.94% Pb, 1.41% Zn
- Mineral Resources
- Measured & Indicated: 557 kt, 2.86 g/t Au, 4.68 oz/t Ag, 0.99% Pb, 1.6% Zn, NSR 211.44 US$/t, 4.65 g/t AuEq, 83.34 (000 Oz AuEq). Inferred: 120 kt, 1.73 g/t Au, 8.4 oz/t Ag, 0.79% Pb, 1.08% Zn, NSR 234.26 US$/t, 5.15 g/t AuEq, 19.92 (000 Oz AuEq)
Source: Technical report
Source: Technical report
Orcopampa
Gold· Peru· Production
Feasibility
May 2022
NPV (After-Tax) @ 6.04%$-30M
NPV (Pre-Tax)$37M
AISC1,242 USD/oz Au
Mine Life3 yrs
Annual Production70,892 oz Au
Head Grade0.22 oz/t Au (6.92 g/t), 0.14 oz/t Ag
Recovery97%
Mine TypeUnderground
Ownership100%
- Mineral Reserves
- 517 kt at 9.37 g/t Au and 0.57 oz/t Ag (Proven & Probable)
- Mineral Resources
- Measured & Indicated 345 kt at 9.97 g/t Au, 0.76 oz/t Ag, 110,425 Au Oz; Inferred 373 kt at 10.13 g/t Au, 0.49 oz/t Ag, 121,420 Au Oz
- Royalties / Streams
- 0.915 royalty factor in NSR formula; royalties applicable on reported mineral reserves areas corresponding to mining rights ownership
Source: Technical report
Tantahuatay
Gold· Peru, Department of Cajamarca· Production
Resource Estimate
Dec 2021
NPV (After-Tax) @ 7.01%$157M
NPV (Pre-Tax)$459M
Mine Life6 yrs
Mine TypeOpen-pit
Ownership40.1%
- Mineral Reserves
- Total Probable 65,455 kt (65.455 Mt), 0.23 g/t Au, 7.72 g/t Ag. Breakdown: Tantahuatay 2 12,275 kt 0.20 g/t Au 16.40 g/t Ag; Cienaga Norte 3,511 kt 0.49 g/t Au 2.06 g/t Ag; Tantahuatay 2 EXT NW 29,157 kt 0.29 g/t Au 11.02 g/t Ag; Mirador 20,512 kt 0.34 g/t Au 1.04 g/t Ag.
- Mineral Resources
- Indicated 30.79 Mt 0.23 g/t Au 16.31 g/t Ag (Tantahuatay); 1.38 Mt 0.46 g/t Au 1.60 g/t Ag (Cienaga); 5.92 Mt 0.29 g/t Au 2.70 g/t Ag (Mirador); Inferred 3.17 Mt 0.17 g/t Au 12.63 g/t Ag (Tantahuatay); 1.10 Mt 0.37 g/t Au 0.51 g/t Ag (Cienaga); 8.81 Mt 0.29 g/t Au 5.95 g/t Ag (Mirador). Total Indicated+Inferred: 51.16 Mt 0.25 g/t Au 11.99 g/t Ag.
Source: Technical report
Trapiche Project
Copper· Antabamba Province, Apurímac Region, Peru· Development
Pre-Feasibility
Nov 2021
Mine TypeOpen-pit
Source: Technical report
Yumpag
Silver· Peru· Exploration
Resource Estimate
Aug 2021
Annual Production8,123,445 oz Ag
Head Grade27.32 oz/t Ag, 0.79% Pb, 1.38% Zn, 16.88% Mn
Recovery93.4%
Mine TypeUnderground
Ownership100%
- Mineral Reserves
- See combined Uchucchacua & Yumpag entry
- Mineral Resources
- Measured 9 kt at 20.76 oz/t Ag, 0.44% Pb, 0.65% Zn, 3.41% Fe, 22.33% Mn; Indicated 195 kt at 16.07 oz/t Ag, 0.31% Pb, 0.56% Zn, 2.98% Fe, 19.53% Mn; Measured & Indicated 204 kt at 16.28 oz/t Ag, 0.32% Pb, 0.57% Zn, 3.00% Fe, 19.65% Mn; Inferred 148 kt at 27.18 oz/t Ag, 0.65% Pb, 1.07% Zn, 4.35% Fe, 22.83% Mn
Source: Technical report
Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.
How the Economics Evolved
2 studies on record
Study
Study
Trapiche Project
24 studies on recordPre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
Pre-Feasibility
Nov 2021
San Gabriel Project
25 studies on recordPre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Pre-Feasibility
Dec 2021
Feasibility
Apr 2025
$191M
IRR 21.8% · Capex $177M
Cerro Verde Mine
25 studies on recordProduction
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Resource Estimate
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Feasibility
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2021
Production
Dec 2024
El Brocal
25 studies on recordPre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
Mar 2022
Pre-Feasibility
May 2022
Resource Estimate
Dec 2024
$619M
Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.
Find the best mining projects
Be the first to know about new mining results, and how they compare to other projects.
Financial Metrics
Loading financial data...
Frequently Asked Questions
- What does Compania de Minas Buenaventura S.A.A. mine?
- Compania de Minas Buenaventura S.A.A. is focused on Gold.
- What is the economic value of Compania de Minas Buenaventura S.A.A.'s El Brocal?
- According to its Resource Estimate, El Brocal has an after-tax NPV of $619M.
- How many projects does Compania de Minas Buenaventura S.A.A. have?
- We track 20 projects with extracted technical and economic data for Compania de Minas Buenaventura S.A.A.
Project Analysis
ANALYSISGOLD & SILVERPFS
Tambomayo PFS: $41M NPV, $17M Capex
Compania de Minas Buenaventura S.A.A.'s Tambomayo in Peru; district of Tapay, province of Caylloma, Arequipa region has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $41M and initial capital of $17M. The mine plan runs 3 years at about 1500 per year.
Compania de Minas Buenaventura S.A.A.Aug 1, 2026
ANALYSISGOLDRESOURCE ESTIMATE
Tantahuatay Resource Estimate: $157M NPV Over a 6-Year Mine Life
Compania de Minas Buenaventura S.A.A.'s Tantahuatay in Peru, Department of Cajamarca has a Mineral Resource Estimate outlining an after-tax NPV of $157M. The proposed mine plan runs 6 years.
Compania de Minas Buenaventura S.A.A.Jul 31, 2026
ANALYSISGOLDFEASIBILITY STUDY
Orcopampa Feasibility Study: $-30M NPV Over a 3-Year Mine Life
Compania de Minas Buenaventura S.A.A.'s Orcopampa in Peru has a Feasibility Study outlining an after-tax NPV of $-30M. The proposed mine plan runs 3 years.
Compania de Minas Buenaventura S.A.A.Jul 31, 2026
ANALYSISSILVERFEASIBILITY STUDY
Uchucchacua Feasibility Study: $35M NPV Over a 5-Year Mine Life
Compania de Minas Buenaventura S.A.A.'s Uchucchacua in Peru - Oyón, Lima department; Yanahuanca, Daniel Alcides Carrion, Pasco department has a Feasibility Study outlining an after-tax NPV of $35M. The proposed mine plan runs 5 years.
Compania de Minas Buenaventura S.A.A.Jul 31, 2026
ANALYSISGOLD, SILVERFEASIBILITY STUDY
Coimolache Mine Feasibility Study: $5M NPV Over a 5-Year Mine Life
Compania de Minas Buenaventura S.A.A.'s Coimolache Mine in Peru has a Feasibility Study outlining an after-tax NPV of $5M. The proposed mine plan runs 5 years.
Compania de Minas Buenaventura S.A.A.Jul 31, 2026
ANALYSISCOPPER, SILVER, LEAD, ZINCRESOURCE ESTIMATE
El Brocal Resource Estimate: $619M NPV Over a 17-Year Mine Life
Compania de Minas Buenaventura S.A.A.'s El Brocal in Peru, Pasco has a Mineral Resource Estimate outlining an after-tax NPV of $619M. The mine plan runs 17 years at about 4750 kt/yr per year.
Compania de Minas Buenaventura S.A.A.Jul 31, 2026
ANALYSISGOLDFEASIBILITY STUDY
San Gabriel Project Feasibility Study: $191M NPV, 21.8% IRR
Compania de Minas Buenaventura S.A.A.'s San Gabriel Project in Ichuña district, General Sánchez Cerro Province, Department of Moquegua, southern Peru has a Feasibility Study outlining an after-tax NPV of $191M, an after-tax IRR of 21.8%, and initial capital of $177M. The mine plan runs 14.2 years at about 109 koz Au per year.
Compania de Minas Buenaventura S.A.A.Jul 31, 2026
Quick Facts
- Ticker Symbol
- BVN
- Market Cap
- Small Cap
- Category
- Gold
- Commodities
- Gold
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.
◆ ◆ ◆