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Company Profile For Hochschild Mining Plc

Hochschild Mining Plc (HOCM.L) (London Stock Exchange)
sector: Basic Materials · industry: Precious Metals & Minerals ·
As of  26 Nov 2009
300.00GBp
Price Change
-7.30
Percent Change
-2.38%
 
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Overview

Hochschild Mining plc is a United Kingdom-based precious metals company with a focus on the exploration, mining, processing and sale of silver and gold. The Company has five underground mines in production, four of which are located in southern Peru and the fifth in Argentina. The Company also has one open pit mine in Mexico. The Company’s project pipeline includes Azuca, Liam JV, Inmaculada, Encrucijada, Vaquillas project. Azuca is a 100% owned project located in southern Peru. In June 2009, the Company's subsidiary acquired 30% interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), the Mexican company from Exmin Resources Inc.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Hochschild Mining Plc's revenues decreased 1% to $230.6M. Net income decreased 24% to $24.7M. Revenues reflect a decrease in income from USA, Switzerland and the absence of income from Mexico & Belgium regions. Net income reflects a decrease in administrative expenses, lower exploration expenses, higher other income, a decrease in loss from associates and lower income tax expense.

Company Address

Hochschild Mining Plc
1 Grosvenor Crescent
London   ENG   SW1X 7EF
P: +4420.71526014

Total Employees

1729

Find Out More About HOCM.L

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 76.59 -0.52% 11/27 10:40 IST
Gold 1186.2 -0.56% 11/27 10:21 IST