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February 07, 2016 7:09 PM ET

Metals and Mining

Company Overview of Compañía Minera Milpo SAA

Company Overview

Compañía Minera Milpo S.A.A. engages in the exploration and development of mineral properties. The company primarily explores for copper, zinc, lead, silver, and gold deposits. Its operational mines include El Porvenir, an underground mine, as well as Atacocha mine located in the province of Cerro de Pasco; and Cerro Lindo mine situated in the province of Chincha in Peru. The company was founded in 1949 and is based in Lima, Peru.

Avenida San Borja Norte 523

San Borja

Lima,  41

Peru

Founded in 1949

Phone:

51 1 710 5500

Key Executives for Compañía Minera Milpo SAA

Compañía Minera Milpo SAA does not have any Key Executives recorded.

Compañía Minera Milpo SAA Key Developments

Milpo Provides Production Guidance for the Year 2015

Milpo provided production guidance for the year 2015. The company remains on track to meet its 2015 production guidance of 275,000t zinc, 47,000t lead, 40,000t copper and 7.5Moz silver, Gobitz said. The company produced 270,000t zinc, 42,000t lead, 42,000t copper and 6.8Moz silver last year.

Milpo Reports Earnings Results for the Third Quarter of 2015

Milpo reported earnings results for the third quarter of 2015. For the period, the company's profit plunged 95% as slumping metals prices outweighed higher lead and silver output, while five other local zinc miners posted losses. Net income fell to $1.2 million from $25 million a year earlier. Sales dropped 28% to $143 million in the quarter from $200 million a year ago. Revenues fell because a 23% plunge in realized metal prices met lower volumes.

Compañía Minera Milpo SAA, Q3 2015 Earnings Call, Nov 20, 2015

Compañía Minera Milpo SAA, Q3 2015 Earnings Call, Nov 20, 2015

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