leadf
logo-loader
viewHochschild Mining PLC

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 PLC - Hochschild Mining on track to deliver full-year production target

Hochschild Mining PLC (LON:HOC) said it is on track to deliver the full-year production target of 280-290,000 gold equivalent ounces.

In the nine months to September 30, the miner produced 39,195 ounces of gold and 2.5mln ounces of silver.

READ: Hochschild Mining gives production guidance for 2020 as Inmaculada hits full capacity

A new exploration programme has started with the main results are expected in the fourth quarter and drilling campaigns ongoing at all three current operations as well as at Arcata and Crespo.

At the end of the third quarter, the firm had total cash of US$196mln, with net debt of US$21mln.

Shares slipped 2% to 243.42p on Wednesday morning.

--Adds shares--

Quick facts: Hochschild Mining PLC

Price: 193.6 GBX

LSE:HOC
Market: LSE
Market Cap: £994.86 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Condor Gold adds second drill rig as they look to ramp up drill program at...

Condor Gold (AIM: CNR- TSE: COG) CEO Mark Child joined Steve Darling from Proactive with news the company has added a second drill rig on their La India Project, in Nicaragua. Child telling Proactive, this rig will help speed up infill drilling on their current 4000-metre program. The...

3 hours, 14 minutes ago

2 min read