Hochschild Mining PLC Pallancata Dispute Resolved (7863U)
January 23 2017 - 2:00AM
UK Regulatory
TIDMHOC
RNS Number : 7863U
Hochschild Mining PLC
23 January 2017
__________________________________________________________________________________
23 January 2017
Pallancata Dispute Resolved
Hochschild Mining plc ("Hochschild" or "the Company") announces
that an agreement has been reached between the Company and a local
community at its Pallancata mine in Peru and consequently the mine
will re-commence operations by 25 January 2017. As disclosed in a
release dated 15 December 2016, the operation had temporarily
stopped production due to a road blockade by community members.
The Company confirms that, despite the stoppage, Pallancata's
2017 production forecast of 6 million silver equivalent ounces and
associated all-in sustaining cost guidance (as per 18 January 2017
press release) are not affected.
__________________________________________________________________________________
Enquiries:
Hochschild Mining plc
Charles Gordon +44 (0)20 3709 3264
Head of Investor Relations
Hudson Sandler
Charlie Jack +44 (0)207 796 4133
Public Relations
__________________________________________________________________________________
About Hochschild Mining plc
Hochschild Mining plc is a leading precious metals company
listed on the London Stock Exchange (HOCM.L / HOC LN) with a
primary focus on the exploration, mining, processing and sale of
silver and gold. Hochschild has over fifty years' experience in the
mining of precious metal epithermal vein deposits and currently
operates four underground epithermal vein mines, three located in
southern Peru and one in southern Argentina. Hochschild also has
numerous long-term projects throughout the Americas.
__________________________________________________________________________________
- ends -
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFMGZMLZZGNZM
(END) Dow Jones Newswires
January 23, 2017 02:00 ET (07:00 GMT)
Hochschild Mining (LSE:HOC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hochschild Mining (LSE:HOC)
Historical Stock Chart
From Apr 2023 to Apr 2024
