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Hochschild Mining PLC (HOCM.L)

HOCM.L on London Stock Exchange

194.90GBp
18 Mar 2019
Change (% chg)

4.20 (+2.20%)
Prev Close
190.70
Open
194.30
Day's High
200.40
Day's Low
194.20
Volume
1,142,766
Avg. Vol
1,020,467
52-wk High
228.60
52-wk Low
146.65

Latest Key Developments (Source: Significant Developments)

Hochschild Mining Says 2018 Costs To Be In Line With Revised Expectations
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Hochschild Mining PLC ::PRODUCTION REPORT FOR 12 MONTHS ENDED 31 DECEMBER 2018.COSTS FOR 2018 ARE EXPECTED TO BE IN LINE WITH POSITIVELY REVISED EXPECTATIONS.2018 ALL-IN SUSTAINING COSTS ON TRACK TO MEET POSITIVELY REVISED GUIDANCE OF $940-$970 PER GOLD EQUIVALENT OUNCE.SEES 2019 PRODUCTION TARGET OF 457,000 GOLD EQUIVALENT OUNCES (37.0 MILLION SILVER EQUIVALENT OUNCES) EXCLUDING ARCATA.260,436 OUNCES OF GOLD PRODUCTION IN 2018.  Full Article

Hochschild Mining Says On Track To Meet FY Production Target
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Hochschild Mining PLC ::QTRLY SILVER PRODUCTION ATTRIBUTABLE TO CO 5,012 KOZ VERSUS 4,824 KOZ REPORTED LAST YEAR.QTRLY GOLD EQUIVALENT PRODUCTION ATTRIBUTABLE TO CO 136.20 KOZ VERSUS 126.01 KOZ REPORTED LAST YEAR.QTRLY GOLD PRODUCTION ATTRIBUTABLE TO CO 68.48 KOZ VERSUS 60.81 KOZ REPORTED LAST YEAR.QTRLY SILVER EQUIVALENT PRODUCTION ATTRIBUTABLE TO CO 10,079 KOZ VERSUS 9,324 KOZ REPORTED LAST YEAR.FIRMLY ON TRACK TO MEET FY PRODUCTION TARGET OF 514,000 GOLD EQUIVALENT OZ (38 MILLION SILVER EQUIVALENT OZ) WITHIN GUIDED COST LEVELS.2018 AISC ON TRACK TO MEET $960-$990 PER GOLD EQUIVALENT OZ GUIDANCE ($13.0-$13.4 PER SILVER EQUIVALENT OZ).AVERAGE REALISABLE PRECIOUS METAL PRICE IN QUARTER WAS $1,270/OUNCE FOR GOLD VERSUS $1,262/OUNCE LAST YEAR.AVERAGE REALISABLE PRECIOUS METAL PRICE IN QUARTER WAS $16.3/OUNCE FOR SILVER VERSUS $16.2/OUNCE LAST YEAR.  Full Article

Hochschild Mining Says Q4 2017 Silver Production Of ‍5,784​ Koz
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Hochschild Mining Plc ::Q4 2017 SILVER SOLD ‍6,061​ KOZ VERSUS 4,996 KOZ YEAR AGO.Q4 2017 SILVER PRODUCTION OF ‍5,784​ KOZ VERSUS 4,910 KOZ YEAR AGO.Q4 2017 GOLD PRODUCTION OF ‍80.80​ KOZ VERSUS 74.29 KOZ YEAR AGO.Q4 2017 GOLD SOLD ‍82.79​ KOZ VERSUS 75.02 KOZ YEAR AGO.Q4 2017 TOTAL SILVER EQUIVALENT OF ‍11,763​ KOZ VERSUS 10,407 KOZ YEAR AGO.‍OVERALL ATTRIBUTABLE PRODUCTION TARGET FOR 2018 IS 514,000 GOLD EQUIVALENT OUNCES OR 38.0 MILLION SILVER EQUIVALENT OUNCES​.‍OVERALL CAPITAL EXPENDITURE BUDGET FOR 2018 IS APPROXIMATELY $125-135 MILLION ALLOCATED TO SUSTAINING AND DEVELOPMENT EXPENDITURE​.‍ALL-IN SUSTAINING COST FROM OPERATIONS IN 2018 IS EXPECTED TO BE BETWEEN $960 AND $990 PER GOLD EQUIVALENT OUNCE ​.  Full Article

Hochschild ‍on track to deliver 2017 production target
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Hochschild Mining Plc ::‍ON TRACK TO DELIVER OVERALL 2017 PRODUCTION TARGET OF 37 MILLION SILVER EQUIVALENT OUNCES​.‍2017 ALL-IN SUSTAINING COSTS PER SILVER EQUIVALENT OUNCE EXPECTED TO MEET $12.2-12.7 GUIDANCE​.Q3 TOTAL GOLD SOLD ‍73.99​ KOZ VERSUS 77.85 KOZ IN Q3 2016.Q3 TOTAL SILVER EQUIVALENT ‍11,940​ KOZ VERSUS 11,747 KOZ IN Q3 2016.Q3 INMACULADA SILVER PRODUCTION ‍1,499​ KOZ VERSUS 1,318 KOZ IN Q3 2016.Q3 INMACULADA GOLD PRODUCTION ‍43.72​ KOZ VERSUS 42.48 KOZ IN Q3 2016.Q3 ‍SILVER PRODUCTION 6,087 KOZ VERSUS 5,908​ KOZ IN Q3 2016.Q3 GOLD PRODUCTION 79.10 KOZ VERSUS 78.91 KOZ IN Q3 2016.Q3 GOLD SOLD 73.99 KOZ VERSUS 77.85 KOZ IN Q3 2016.Q3 SILVER SOLD 5,726 KOZ VERSUS 6,011 KOZ IN Q3 2016.‍NET DEBT OF APPROXIMATELY $147 MILLION AS AT 30 SEPTEMBER 2017 ($187 MILLION AS AT 31 DECEMBER 2016)​.‍TOTAL CASH OF APPROXIMATELY $156 MILLION AS AT 30 SEPTEMBER 2017 ($140 MILLION AS AT 31 DECEMBER 2016)​.‍COMPANY REMAINS ON TRACK TO DELIVER ITS OVERALL PRODUCTION TARGET FOR 2017 OF 37.0 MILLION SILVER EQUIVALENT OUNCES.‍REAFFIRMS FY ALL-IN SUSTAINING COST PER SILVER EQUIVALENT OUNCE FORECAST OF BETWEEN $12.2 AND $12.7​.  Full Article

UPDATE 1-Hochschild Mining shuts down Arcata mine in Peru

Feb 13 Gold and silver miner Hochschild Mining Plc has suspended operations at its Arcata precious metal mine in south west Peru, saying a low silver price had left it no choice but to halt production at the mine.