Company
Hochschild Mining PLC
LON:HOC
Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) and crosstrades on the OTCQX Best Market in the U.S. (HCHDF), 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 three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also owns the Mara Rosa Advanced Project in Brazil as well as numerous long-term projects throughout the Americas.
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Hochschild Mining says 30 locals broke into flagship Inmaculada operation in Peru, severely damaging some non-critical installations
Inmaculada, a gold and silver underground mine in southern Peru, accounted for about 70% of Hochschild’s total attributable production in 2021
Hochschild Mining reports 34% drop in earnings amid 'global turmoil'
Political, social and economic risks in Latin America remain elevated, according to the precious metals producer
Hochschild Mining output falls but remains on track to meet 2022 target
Attributable production includes 100% of all output from Inmaculada and Pallancata and 51% from the San Jose mine
Hochschild Mining lifts resource estimate for Snip gold project in Canada
Hochschild expects to complete a pre-feasibility study by the end of the year
Peruvian government mellows on threats to Hochschild
It had been intimated in a Cabinet meeting that licences would not be renewed
Hochschild Mining says mines can continue to operate after Peru retracts closure threat
Shares in the precious metal producer plummeted as much as 58% this week
Hochschild Mining "a significant value opportunity" after sell-off, according to Barclays
Barclays has upgraded its price target 165p and its investment stance to overweight.
Hochschild shares plunge as the mining industry faces a reckoning in Peru
Conflict around mining, land, water, compensation and the environment is not new in Peru
Hochschild Mining comments on media reports about possible government closure of its mines in Peru
Hochschild said it has not received any formal communication from the government
Hochschild Mining says Aclara Resources spin-off seeks to raise US$100mln on Toronto listing
Aclara is seeking to raise about US$100mln on listing, valuing the company at about US$237mln based on pricing estimates
Hochschild Mining posts strongest production quarter of year with 37% jump in output
Production was boosted by higher-than-expected grades and recoveries at the Inmaculada mine in Peru
Hochschild Mining gets thumbs-up for Aclara Resources demerger plan
Aclara will raise additional capital at the time of its flotation on the TSX
Hochschild Mining's adjusted earnings more than double in first half on higher gold and silver output
Production rose to 175,119 gold equivalent ounces from the pandemic-impacted 2020 figure of 126,835 ounces
Hochschild Mining swings to net cash thanks to higher precious metals prices
However, the pandemic is still heavily impacting both of the countries the miner operates in, with delays causing lower grades at the Inmaculada mine
Do the Reddit silver bulls have a real plan?
Silver often trades in response to movements in the gold price
Hochschild Mining to resume dividend payments
"We remain in a healthy financial position and with continued strong precious metal prices and our ambitious brownfield programme in full swing, we can look forward to an exciting 2021," the CEO said.
Hochschild Mining on track to deliver full-year production target
In the nine months to September 30, the miner produced 39,195 ounces of gold and 2.5mln ounces of silver
Hochschild Mining gives production guidance for 2020 as Inmaculada hits full capacity
The overall attributable production target for 2020 has been revised down to 280,000-290,000 gold equivalent ounces.
Hochschild holds fire on dividend while assessing impact of coronavirus mine suspensions
The Peruvian precious metals miner slid to a US$9mln loss before tax from continuing operations from a US$16.7mln profit last time
Quiet Wednesday to be punctuated by Hochschild results, UK inflation data eyed
Investors will also be looking across the pond for the latest batch of Federal Reserve minutes
Hochschild higher as it plans restart at Inmaculada mine next week
The miner said a number of its operations are currently halted due to a number of cases of coronavirus, with a reduced workforce performing care and maintenance activities
Hochschild Mining halts operations at Inmaculada due to coronavirus outbreak
Hochschild Mining is a major producer of silver and gold
The continued strength in gold and silver prices could presage another bout of corporate activity
The gold price has resumed its upward march over the past few days
Hochschild to restart operations at Inmaculada and Pallancata mines in Peru
Hochschild is the London-market's go-to silver company
Hochschild Mining doubles profits as gold price rises
Last year's higher gold and silver prices pushed revenue and profits up
Archive
FTSE 100 closes firmly in green as potential Chinese economic moves boost sentiment
Britain's blue chip benchmark closed over 75 points higher at 7,457. The midcap FTSE 250 index was also up - adding over 172 points at 21,850
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Inflation news key for Wednesday
Analysts at Capital Economics are expecting the figures to show a rebound in inflation in January, reducing the chances of an interest rate cut this year
Hochschild cuts gold production guidance while costs rise
The FTSE 250 metal miner said it expects production to fall to 432,000 gold equivalent oz or 35mln silver equivalent oz
Hochschild lifted by Berenberg upgrade after “ill-received” rare earths acquisition
Hochschild, historically a precious metals miner, last week acquired full ownership of the BioLantánidos rare earths deposit in Chile for US$56mln
Hochschild to become one of "lowest cost rare earth producers" after acquisition of Chilean deposit
The precious metals miner consolidated its earlier investment in the Chilean ionic clay deposit to give it full ownership after being dented by sluggish silver prices in its half-year results
Hochschild Mining shares slide as profits drop on lower silver prices
The FTSE 250 company said it was on track to deliver its 2019 production target of 457,000 gold equivalent ounces
Exploration success adds gloss to strong production at Hochschild Mining
Hochschild produced 245,000 gold equivalent ounces, which was the second-best half-year performance in its history.
Investments and investor services
FTSE 100 closes higher as global markets buoyed by Fed's hint on rates
Carnival and Evra were the two big fallers among Footsie constituents
Investments and investor services
FTSE 100 closes higher despite continued trade worries
The UK's blue-chip benchmark added over 23 points to close at 7,184
Hochschild Mining sees profits fall as silver price drops
The gold and silver miner reported preliminary results for 2018 showing a drop in pre-tax profits to $38.4 mln from US$64.1 mln in 2017 and a decline in revenues to US$704.3 mln from US$722.6 mln a year earlier, while underlying earnings (A
FTSE 100 closes higher as markets more optimistic on US, China trade
BIg banking group Lloyds was among the top gainers on Footsie
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Lloyds to report 2018 numbers on Wednesday as bank results cycle grinds on
The black horse will be tasking the middle spot between HSBC and Barclays, with investors on the lookout for any news on cost-cutting and dividends
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Banking results to flow faster, with Barclays, Lloyds, and HSBC all set to report 2018 numbers
Aside from the banking results, the week ahead will bring updates from other blue-chips firms such as BAE Systems, Anglo American, Pearson, and Reckitt Benckiser
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Malvern International jumps as it forecasts 100% revenue increase for 2018
In a trading update, the education firm said revenues from continuing operations would be over £8mln, while profits were expected to be in line with expectations
Hochschild Mining suspends operations at precious metal mine in south-west Peru due to low silver price
The FTSE 250-listed firm, which operates three mines in southern Peru and one in southern Argentina, said the mine would be on "full care and maintenance" status by the second quarter of 2019
Dominant dollar drives all before it as China’s growth falters
US dollar strength is having a wide and varied impact on the global economy
Numis upgrades Hochschild Mining to ‘buy’ as strong interims boost confidence in full year financials
The broker said they expected “full year operations to be at the better end of guidance, or above” as unit costs were lowered due to higher production rates and grades
Hochschild's debt situation improves, paving way for hefty dividend hike
Hochschild's mines enjoyed a record half of production with output rising to 19.9mln silver equivalent ounces (268,237 gold equivalent ounces)
Investments and investor services
FTSE 100 closes deep in red as Turkey/US worries escalate
Footsie closed down 1.49%, or around 114 points, at 7,497 on the day
Investments and investor services
FTSE 100 closes higher, bolstered by sterling's fall; rate rise doubts
The index of leading UK shares closed up just shy of 50 points higher at 7,676, while the FTSE 250 was also up
As Ryanair's struggles continue can easyjet look to the blue skies?
Easyjet and Severn Treant are among the key names in the diary for Wednesday.
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Week ahead: Investors hope Royal Mail delivers the goods and Unilever meets targets
The week ahead includes updates from Royal Mail, Unilever, Sports Direct, Rio Tinto and Anglo American along with official UK data on jobs, inflation and retail sales
Hochschild Mining has hit fair value, says house broker RBC
RBC would look to take profits in Hochschild and look for a more attractive entry point. It believes the next update on the exploration programme could act as a positive catalyst for the stock
RWS Holdings weak as it launches placing funded US$320mln acquisition
A look at some of the biggest risers and fallers in London today
Bushveld Minerals on the front foot, Toople on the back foot
A look at some of the biggest risers and fallers in London today
FTSE 100 holds steady to close 49 ahead with miners in support
The FTSE 100 closed up 49.18 at 7,433 after UK jobs data beats expectations
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UK wages and jobs data in focus on Wednesday
Average earnings growth and unemployment rates are expected to remain unchanged in the second quarter at 2% and 4.5% respectively
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UK economic health eyed from inflation, jobless numbers; Kingfisher updates on trading
Week ahead includes UK inflation, unemployment, average earnings data; trading update from Kingflsher PLC, interims from Hargreaves Lansdown PLC, Admiral PLC ...
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Burberry to see modest Q1 sales growth as luxury market struggles for momentum
Day ahead: Trading updates from Burberry Group, Barratt Developments ...
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Marks & Spencer and Burberry both need to regain momentum
Week ahead: Marks & Spencer, Burberry, JD Wetherspoon...
Upheaval in junior mining as leading ETF GDXJ set to rebalance portfolio in June
Leading junior gold mining ETF the GDXJ is expanding its investing universe in what's known as a "re-balancing", and the effects aren't all positive
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Day ahead: Debenhams, Unilever and Sky results in focus
Debenhams, Unilever and Sky are set to take centre stage with their latest results on Thursday
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Primark to keep the ball rolling nicely at Associated British Foods
Week ahead; Associated British Foods , Sky , Unilever Burberry, Reckitt Benckiser...
Investments and investor services
FTSE up with copper, FTSE 250 marks record 19,000 as Scots want referendum
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
Hochschild Mining swings to full year profit as production and revenue rises
Hochschild expects 2017 production to rise, driven by Peru mines Inmaculada and Pallancata
Investments and investor services
FTSE pares gains as sterling rises on rate talk
FTSE 100 stocks pared gains into the Tuesday close after sterling recovered against the US dollar
FTSE 100 shares sink as pound ascends on Trump disquiet
FTSE 100 stocks fell further below 7200 on Monday after sterling gained strength against the US dollar in the aftermath of President Donald Trump's inauguration speech