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Silver miner Hochschild raises full-year production forecast
October 13, 2016 / 7:11 AM / a year ago

Silver miner Hochschild raises full-year production forecast

Oct 13 (Reuters) - Precious metals miner Hochschild Mining Plc raised its full-year production forecast for a second time this year on Thursday, citing better-than-expected performance at its Inmaculada and Arcata mines in Peru.

** The company, which has mining operations in Peru, Chile and Argentina, said it expected full-year production to be 35 million silver equivalent ounces.

** The company had earlier expected to produce 32 million ounces this year.

** Hochschild also reported a 17.8 percent rise in its silver production at 5.9 million ounces in the third quarter ended Sept. 30. (Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Gopakumar Warrier)

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