Buenaventura’s Yumpag mine in Peru produced 2.32 million ounces of silver in the second quarter of 2026, marking a robust output period for the company’s flagship asset.
Simultaneously, the San Gabriel gold project has recorded its first sales volumes, signaling a new revenue stream for the miner as it adjusts its operational guidance.
The production figures from Yumpag underscore the continued importance of Peru’s silver sector to global supply chains.
With silver prices having remained volatile amid broader macroeconomic uncertainty, consistent output from major producers like Buenaventura provides a stabilizing factor for the market.
The commencement of gold sales at San Gabriel adds a diversification element to the company’s portfolio, potentially offsetting any short-term fluctuations in silver demand.
This development comes as other mining operations in Peru navigate complex regulatory and social landscapes.