Hochschild Mining PLC (HOCM.L)
17 Apr 2014
|Market Cap (Mil.):||£609.06|
|Shares Outstanding (Mil.):||367.10|
LONDON, March 14 - Increasing numbers of gold miners, battered by last year's drop in bullion prices, are selling planned output forward to help shore up their finances for stormy times, but these hedges are only for the short term.
LONDON, March 12 - Hochschild Mining Plc has canceled dividend payments until its financial situation improves, its latest cost-cutting measure as it tackles the impact of weak precious metals prices on the profitability of its mainly Peru-based operations.
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.