Latest news with #BVN
Globe and Mail
2 hours ago
- Business
- Globe and Mail
Buenaventura Reports Q2 Production Results & Updated Mine Outlook
Buenaventura Mining BVN reported second-quarter 2025 production and volume sold from its operating mines. Gold production at the Coimolache mine, and gold and silver production at the Julcani mine were in line with the company's expectations. Tambomayo's gold and silver productions were below the company's quarterly expectations. The Orcopampa mine's gold and Uchucchacua silver production also missed the company's guidance. Meanwhile, silver production at the El Brocal and Yumpag mines exceeded BVN's expectations. Let us dig deeper. Buenaventura's Mine Performances in Q2 In second-quarter 2025, gold production at Orcopampa was 12,270 ounces, down 30.2% from the year-ago quarter. BVN sold 12,158 ounces of gold from the mine in the quarter. BVN expects 2025 production of 48,000-52,000 ounces of gold for the mine. El Brocal produced 13,079 MT of copper, which marked a 1% year-over-year decrease. The 2025 copper production guidance is unchanged at 55,000-60,000 MT. Buenaventura produced 5,581 ounces of gold from the El Brocal mine in the second quarter, which jumped 40.2% year over year. Silver production rose 25% in the quarter under review to 390,486 ounces. In the second quarter, Buenaventura sold 3,244 ounces of gold, 309,222 ounces of silver and 12,439 MT of copper from the El Brocal mine. The company expects 2025 gold production from El Brocal between 18,000 ounces and 20,000 ounces. Silver production is expected at 1.4-1.6 million ounces. Gold production at Tambomayo decreased 66.6% year over year in the second quarter to 2,985 ounces, whereas silver production fell 49.7% to 191,181 ounces. The lead and zinc production at Tambomayo totaled 767 MT and 1,477 MT, respectively. Lead and zinc output were 29.3% and 40.6% lower than the year-ago quarter's reported levels, respectively. The downside was due to delayed processing of high-grade oxide ore from the mine's upper zones. Buenaventura sold 2,594 ounces of gold in the second quarter and 170,144 ounces of silver from Tambomayo. The volume of lead and zinc sold totaled 634 MT and 671 MT. BVN maintained the 2025 production expectations for gold at 12,000-15,500 ounces and for silver at 1.2-1.5 million ounces. Lead outlook is updated at 1.7-2.2 MT and zinc at 2-2.5 MT. The second-quarter 2025 gold production at the Coimolache mine increased 77.9% to 13,149 ounces. In the three months ended June 30, 2025, the mine sold 13,440 ounces. The company maintained its production guidance for 2025 at 50,000-55,000 ounces of gold. Julcani's second-quarter silver production decreased 32.3% year over year to 299,697 ounces. Buenaventura sold 282,420 ounces of silver from Julcani in the second quarter. BVN expects the 2025 silver production to be 1.5-1.8 million ounces from the Julcani mine. BVN Stock Price Performance Shares of Buenaventura have gained 5% in the past year compared with the industry 's 10.7% growth. Buenaventura's Zacks Rank BVN currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Performances of Other Mining Stocks Fortuna Mining Corp. FSM produced 71,229 gold-equivalent ounces from ongoing operations in the second quarter of 2025, a 0.2% decrease from the year-ago quarter. However, the reported figure marked an increase of 1.2% from the first quarter of 2025. This includes a gold production of 61,736 ounces, which increased 10.2% year over year. Post the sale of the Yaramoko mine in May 2025, the company updated its 2025 outlook. The company expects gold-equivalent production of 309,000-339,000 ounces for 2025, down from the prior stated 380,000-422,000 ounces. First Majestic Silver Corp. AG announced that its total production reached 7.9 million AgEq ounces in the second quarter of 2025. The figure includes 3.7 million silver ounces and 33,865 gold ounces. The AgEq ounces produced marked a solid 48% year-over-year increase, attributed to a 76% surge in silver production. In January 2025, First Majestic completed the acquisition of Gatos Silver, Inc., gaining a 70% interest in the high-quality and long-life Cerro Los Gatos Silver underground mine. This deal solidified AG's position as an intermediate primary silver producer. Total silver production in the second quarter included a contribution of 1.5 million ounces from Cerro Los Gatos. Endeavour Silver Corporation EXK produced 2.5 million silver-equivalent ounces (AgEq) in the second quarter of 2025. This reflected a 17% increase from the year-ago quarter, driven by the addition of the Kolpa operation in May 2025. Consolidated silver production was up 13% year over year to 1,483,736 ounces. Excluding production from Kolpa, consolidated silver production in the second quarter was down 16% year over year. 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Indian Express
13-07-2025
- Politics
- Indian Express
Kerala ‘pada pooja' row: Governor says part of culture
After CPIM-led Kerala government took a strong objection to 'pada pooja' (foot-washing ceremony) held at various CBSE-affiliated schools run by Bharatheeya Vidyanikethan (BVN), Governor Rajendra Arlekar said 'guru pooja is part of our culture'. On Thursday marking the Guru Purnima (Vyasa Jayanti) celebrations, schools run by Sangh Parivar-backed trusts conducted 'pada pooja', in which students were asked to wash the feet of the teachers and offer flowers at their feet. The visuals of students washing the feet of teachers led to protests in the state. General Education Minister V Sivankutty directed the Director General of Education to probe the incident. Sivankutty said the 'pada pooja' was against democratic values.
AU Financial Review
09-07-2025
- Climate
- AU Financial Review
Step inside one of the nation's most extraordinary new homes
As Cyclone Alfred lashed the coast of Byron Bay earlier this year, the inhabitants of the recently completed 'Lighthouse' residence marvelled calmly at the spectacle of Mother Nature in full cry. It was not just the fact that the house they'd commissioned from Brisbane's BVN architects is built like a fortress and able to resist the onslaught of a tropical storm; it was also that, being totally open to the north and surrounded by native forest, it offers an immersion in the elements. 'It was awesome,' recalls the owner, who requested to remain anonymous. He moved here with his wife and four children from Brisbane last winter. 'Tall trees were bent over and whipping about, but not only did we feel incredibly secure, we felt like this was an unparalleled experience of nature.'
Yahoo
30-05-2025
- Business
- Yahoo
nuEra Cannabis and Balanced Veterans Network Team Up for Memorial Day Fundraiser
Supporting Veterans' Mental Health Through Cannabis Advocacy CHICAGO, May 30, 2025 (GLOBE NEWSWIRE) -- nuEra Cannabis is proud to announce its continued partnership with the Balanced Veterans Network (BVN) for a Memorial Day weekend fundraiser aimed at supporting veterans' mental health and wellness through cannabis advocacy. Friday, May 23rd \, nuEra donated 5% of all sales from its house brands — including nuEra, Midweek Friday, and Interstate 420 — to BVN. This initiative underscores nuEra's commitment to giving back to those who have served. In addition to the fundraiser, nuEra hosted in-store events at select locations to engage with the community and raise awareness about veterans' issues. These events will feature educational sessions, product promotions, and opportunities for customers to learn more about BVN's nuEra CannabisnuEra Cannabis is an Illinois-born, family-owned and operated Cannabis retailer and wholesaler. As one of the original medical licensees in the state, we have played a significant role in shaping the cannabis industry from its inception. Today, we stand proudly as one of the largest independent, vertically integrated operators in Illinois. The name nuEra highlights the fact that legalization in Illinois didn't just change the laws on the books – it unleashed a whole new era of cannabis: an era in which cannabis is safer, higher quality and available in a greater variety than ever before. For further information, please visit About Balanced Veterans Network (BVN)Balanced Veterans Network is a 501(c)(3) nonprofit organization dedicated to creating a safe space for veterans to connect, heal, and grow. BVN provides education, advocacy, and support for alternative therapies, including cannabis, to combat issues such as PTSD, addiction, and suicide among veterans. Learn more at Stay connected with nuEra on social media:Twitter: @nuEraCannabisFacebook: @ A photo accompanying this announcement is available at: CONTACT: For Further Information or Media Inquiries, Contact: Jonah Rapino Director of Marketing nuEra Cannabis media@ in to access your portfolio
Associated Press
18-03-2025
- Entertainment
- Associated Press
Dispensary Announces Their Dank Poetry Contest Themed 'Elevation of Self'
Washington Borough, NJ March 18, 2025 --( Dank Poet Dispensary is thrilled to announce its highly anticipated 'Elevation of Self' Poetry Contest, a celebration of creative expression, community inclusion and the written word. Poets of all backgrounds are invited to submit their original work for a chance to perform at Fern:20, an exclusive literary and cultural event hosted at Dank Poet Dispensary on April 11, 2025. All entrants must be by adult residents of NJ, aged 21 or older. Poems are limited to one side of a single spaced, typed 8.5 by 11 inch page. The theme of this contest is 'Elevation of Self.' All entries will present their interpretation of that theme and all forms and styles of poetry will be allowed. Winners will be chosen based on creative interpretation of the prompt, use of poetic techniques, originality, use of imagery and language. Prestigious Awards and Recognition A distinguished panel of judges will evaluate entries and select five semifinalists, who will be invited to perform their pieces live at Fern:20. These 5 poems will also be framed and featured throughout Dank Poet Dispensary for public viewing. The winning poet, chosen by the judges, will receive: A $150 cash prize sponsored by Fernway Publication in Fat Nugs Magazine, a leading cannabis culture and arts publication Feature placement on Dank Poet-branded accessories available for sale Honorable Mention will be awarded a $100 cash prize sponsored by Fernway The People's Choice award, chosen by public voting (see below) will receive: A $100 cash prize sponsored by Fernway Audience members will have the opportunity to participate in the People's Choice Award through voting donations, with all proceeds benefiting the Balanced Veterans Network (BVN). BVN provides education, resources, and a vital support system to help veterans navigate post-service life and explore alternative therapies for mental and physical well-being. Key Contest Dates: Submission Deadline: March 25, 2025 People's Choice Voting: April 2, 2025 through April 11, 2025 at 7pm Live Performances by the Semifinalists: April 11, 2025, from 6pm to 8pm Winners Announced: April 11, 2025, at 7:30 p.m. Dank Poet Dispensary invites poets, artists, and the broader community to celebrate the power of words while supporting a meaningful cause. For contest rules, submission guidelines, and more information, visit Media Contact: Sonia Mangalick, CFO/CMO and Managing Partner 908-399-9714 Contact Information: Dank Poet Dispensary Sonia Mangalick 908-399-9714
