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Hochschild Mining PLC (HOCM.L)

HOCM.L on London Stock Exchange

272.10GBp
24 Mar 2017
Change (% chg)

-1.00 (-0.37%)
Prev Close
273.10
Open
274.10
Day's High
275.80
Day's Low
267.30
Volume
1,123,950
Avg. Vol
2,852,819
52-wk High
327.60
52-wk Low
86.50

Latest Key Developments (Source: Significant Developments)

Hochschild Mining posts FY adjusted basis EPS $0.11
Wednesday, 8 Mar 2017 02:00am EST 

Hochschild Mining Plc : FY pretax profit 108.3 million USD versus 256.2 million USD loss year ago . Net debt of $ 187.4 million versus $350.5 million year ago . FY net revenue of $688.2 million versus $469.1 million year ago . FY cash balance of $ 140.0 million versus $84.0 million year ago . FY adjusted EBITDA of $329.0 million versus $138.8 million year ago . FY adjusted basic earnings per share of $0.11 . Says full year production of 35.5 million attributable silver equivalent ounces, exceeding guidance . Says inmaculada mine produced 16.9 million silver equivalent ounces . Sees FY 2017 production target of 37.0 million silver equivalent ounces . 2017 AISC expected to be $12.2-12.7 per silver equivalent ounce .2017 Inmaculada AISC expected to be $9.0-9.5 per silver equivalent ounce.  Full Article

Hochschild Mining says Q3 silver production up 17.8 pct
Thursday, 13 Oct 2016 02:00am EDT 

Hochschild Mining Plc : Says attributable production in Q3 5.0 mln ounces of silver . Says attributable production in Q3 66.4 thousand ounces of gold . Says attributable production in Q3 9.9 million silver equivalent ounces, up 19 pct versus Q3 2015 (8.4 million ounces) . Says Q3 YTD 2016 attributable production driven by strong Inmaculada performance . Says further $58 mln of debt repaid in Q3 . Says total cash of approximately $96 mln as at Sept. 30 2016 ($84 mln as at Dec.31 2015) . Says net debt of approximately $230 mln as at Sept. 30 2016 ($366 million as at Dec.31 2015) . Says full year production forecast upgraded to 35 mln silver equivalent ounces (470 thousand gold equivalent ounces) .Says all-in sustaining costs per silver equivalent ounce on track to be between $11.0-11.5 for 2016.  Full Article

Hochschild Mining posts H1 profit
Tuesday, 16 Aug 2016 02:00am EDT 

Hochschild Mining Plc : H1 pretax profit $60.3 mln versus -$43.4 mln loss year ago . Interim dividend of 1.38 cents per share . H1 inmaculada AISC per silver equivalent ounce significantly below guidance at $8.2 . H1 revenue of $339.3 mln (H1 2015: $190.3 mln) 1 . H1 Inmaculada production was able to reach 111 thousand gold equivalent ounces (8.2 million silver equivalent ounces) . Half year production of 17.0 million attributable silver equivalent ounces exceeding guidance . Sees H2 record attributable production target increased from 32.0 mln to 34.0 mln silver equivalent ounces .H2 AISC now expected to be $11.0-11.5 per silver equivalent ounce (previous guidance of $12.0-12.5 per ounce).  Full Article

Hochschild raises FY production target by 6 pct
Thursday, 21 Jul 2016 02:00am EDT 

Hochschild Mining Plc : Raising our target for overall 2016 production by 6% to 34 million silver equivalent ounce . Q2 2016 9.5 million silver equivalent ounces produced, up 86% versus q2 2015 (5.1 million ounces) .Revising fy all all-in sustaining cost down to between $11.0 and $11.5 per silver equivalent ounce.  Full Article

Hochschild says 65.75 pct shareholders at AGM vote to approve directors' pay report
Friday, 20 May 2016 08:28am EDT 

Hochschild Mining Plc : Notes level of votes against 2015 remuneration report . Says 65.75 percent votes at agm approve directors' remuneration report; 34.25 against . Votes against report appears to be in response to base salary increases, and calculation of annual bonus for ceo during 2015 . Acknowledges specific views expressed by shareholders; will be taken into account as part of review of framework of remuneration .Intends to consult its significant shareholders as part of this review..  Full Article

Hochschild Mining PLC reaffirms FY 2015 production guidance
Thursday, 15 Oct 2015 02:00am EDT 

Hochschild Mining PLC:Says that it is on track to achieve production target of 24.0 million attributable silver equivalent ounces in FY 2015.  Full Article

Hochschild Mining PLC says Significant new discovery at Pallancata
Tuesday, 8 Sep 2015 02:01am EDT 

Hochschild Mining PLC:Says the discovery of a new vein, Pablo, at the Pallancata mine property in south west Peru.Says The new east-west vein, is expected to lead to a significant expansion of the mine's mineral resources and substantially improve the operational outlook for the Pallancata mine.  Full Article

Hochschild Mining PLC gives FY 2015 production target outlook
Wednesday, 15 Jul 2015 02:00am EDT 

Hochschild Mining PLC:Company is on track to achieve its full year production target of 24.0 mln attributable silver equivalent ounces in 2015 with all-in sustaining cost per silver equivalent ounces expected to be between $15 to $16 in line with guidance ($13 to $14 per ounce assuming current silver-to-gold ratio).  Full Article

More From Around the Web

Two dead at Hochschild gold and silver mine in Peru: police

LIMA Two workers died when a tunnel caved in at Hochschild Mining Plc's Inmaculada gold and silver mine in southern Peru on Tuesday, a police chief said on local broadcaster RPP.