Buenaventura Reports Strong Q1 2026 Results with 103% Revenue Growth and 139% Net Income Increase

Compañia de Minas Buenaventura S.A.A. announced its first quarter 2026 financial results, showing significant year-over-year improvements. The company reported total revenues of $624.6 million, a 103% increase from Q1 2025, and net income of $335.4 million, up 139% from the prior year. Gold production increased by 8% driven by ramp-up at San Gabriel, while silver production rose 6%. The company achieved EBITDA from direct operations of $386.3 million, a 206% increase, and maintained a strong cash position of $759.9 million with negative net debt of $51.9 million. Buenaventura also reported receiving $58.7 million in dividends from its Cerro Verde stake in April 2026, bringing year-to-date dividends to $156.6 million.