Hochschild Mining PLC (HOCM.L)
|Market Cap (Mil.):||£605.72|
|Shares Outstanding (Mil.):||367.10|
(Adds details on Hochschild's Inmaculada project, Fresnillo Plc results, adds analyst comment)
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.