Hochschild Mining PLC (HOCM.L)
11 Mar 2014
|Market Cap (Mil.):||£727.18|
|Shares Outstanding (Mil.):||367.10|
LONDON, Jan 21 - Latin American miner Hochschild beat its production target for 2013 and reduced costs by between 12 and 16 percent last year, as it attempts to improve performance in an environment of lower precious metals prices.
(In Nov. 28 item, in 5th paragraph corrects time period to at least five years, from less than five years.)
PARACAS, Peru, Nov 28 - Peruvian miner Hochschild plans a $350 million bond issue to fund its expansion in Peru as well as a project in Chile, company CEO Ignacio Bustamante said on Thursday.
LONDON, Oct 2 - Latin American precious metals firm Hochschild Mining said it planned to raise up to $96 million to help it buy the remaining 40 percent stakes in its Peruvian assets for up to $280 million.
LONDON - Latin American precious metals firm Hochschild Mining said it planned to raise up to $96 million to help it buy the remaining 40 percent stakes in its Peruvian assets for up to $280 million.
Oct 2 - Hochschild Mining PLC : * Announces proposed equity placing to raise approximately $48-$96 million * to place between 16,905,067 and 33,810,134 new ordinary shares of 25 pence each * Proceeds will be used to partially fund the acquisition of the 40% interests held by International Minerals Corporation in the Pallancata mine and Inmaculada project * No significant change to the group's trading and prospects * Expects the acquisition to be earnings enhancing in the first f