Earnings Call Summary | Buenaventura Mining(BVN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Buenaventura Mining(BVN.US) Q1 2024 Earnings Conference
The following is a summary of the Compañía De Minas Buenaventura S.A.A. (BVN) Q1 2024 Earnings Call Transcript:
以下是布埃納文圖拉米納斯公司（BVN）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Compañía De Minas Buenaventura's Q1 2024 EBITDA from direct operations increased 83% year-over-year, with the EBITDA margin rising to 38%.
The Q1 2024 operating income was $46.9 million, compared to the previous year's $12.6 million.
Copper production increased by 26% year-over-year, and Silver production rose from 1.3 million to 3.1 million ounces.
Q1 2024 CapEx was $58 million, and the company achieved a net debt EBITDA ratio of 1.78 times, the lowest in two years.
布埃納文圖拉公司2024年第一季度來自直接業務的息稅折舊攤銷前利潤同比增長83％，息稅折舊攤銷前利潤率上升至38％。
2024年第一季度的營業收入爲4,690萬美元，而去年同期的營業收入爲1,260萬美元。
銅產量同比增長26％，白銀產量從130萬盎司增加到310萬盎司。
2024年第一季度的資本支出爲5800萬美元，該公司的淨負債息稅折舊攤銷前利潤率爲1.78倍，爲兩年來的最低水平。
Business Progress:
業務進展：
Progress on the San Gabriel Project reached 47% in Q1 2024, largely due to the operation of the concrete plant. Mine development tunnelling and SAG Mill assembly are expected to start next quarter.
The operational shift towards long-life mining operations continues, with a significant increase in revenues expected in the next quarter due to production at Yumpag.
The first gold bar from the San Gabriel Project is expected by the second half of 2025.
Total CapEx for the San Gabriel mine is being evaluated, expecting a 10% to 15% increase from the initial $470 million. So far, $220 million has been disbursed for the project.
The company plans to finish the mill construction in the early Q2 next year, and commercial production is expected to start in Q4.
A decrease in commercial deductions was observed partly due to improved commercial terms and profitable sales in Brocal. Buenaventura plans to sell the Coimolache royalty; otherwise, the strategy will proceed to phase two.
聖加布裏埃爾項目的進展在2024年第一季度達到47％，這主要是由於混凝土廠的運營。礦山開發隧道開挖和SAG磨機組裝預計將於下個季度開始。
運營向長壽命採礦業務的轉變仍在繼續，由於Yumpag的生產，預計下一季度的收入將大幅增加。
聖加布裏埃爾項目的第一塊金條預計將於2025年下半年問世。
正在評估聖加布裏埃爾礦的總資本支出，預計將比最初的4.7億美元增長10％至15％。到目前爲止，該項目已撥款2.2億美元。
該公司計劃在明年第二季度初完成工廠建設，預計將在第四季度開始商業生產。
商業扣除額減少的部分原因是商業條款的改善和Brocal的銷售盈利。布埃納文圖拉計劃出售Coimolache的特許權使用費；否則，該戰略將進入第二階段。
More details: Buenaventura Mining IR
更多詳情： 布埃納文圖拉礦業 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。