Company Profile For Compania de Minas Buenaventura SA

Compania de Minas Buenaventura SA (BUEv.LM) (Lima Stock Exchange)

sector: Basic Materials · industry: Precious Metals & Minerals ·

As of 20 Nov 2009

114.75PEN

Price Change

+0.75

Percent Change

+0.66%

Analyst Recommendations

Overview

Compania De Minas Buenaventura S.A.A. (BVN) is a precious metals company, engaged in the exploration, mining and processing of gold, silver and, to a lesser extent, other metals, in Peru. The Company operates the Julcani, Recuperada, Orcopampa, Poracota, Uchucchacua, Antapite and Ishihuinca mines and has controlling interests in two other mining companies, which operate the Colquijirca, Marcapunta and Shila-Paula mines. The Company also owns an electric power transmission company and an engineering services consulting company, and has minority interests in several other mining companies, including a significant ownership interest in Yanacocha, a Peruvian partnership that operates gold mine in South America, and Cerro Verde, a Peruvian company that operates a copper mine located in the south of Peru.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Compania de Minas Buenaventura SAA's total revenue decreased 5% to $620.5M. Net income for the period increased from $159.3M to $383.2M. Total revenue reflects lower sales in the Silver, Lead, Zinc, Copper and Services business segments. Net income benefited from lower selling, other operating and financial expenses as well as higher other operating income.