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Share Price: 161.40

Bid: 160.20

Ask: 160.60

Change: 3.00 (1.89%)

Spread: 0.40 (0.25%)

Open: 158.40

High: 161.40

Low: 156.60

Prev. Close: 158.40

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Hochschild Mining Halts San Jose Mine Operations As Virus Cases Rise

Mon, 30th Nov 2020 10:17

(Alliance News) - Hochschild Mining PLC on Monday announced that it has halted operations at the San Jose gold-silver mine in Argentina, following a "significant increase" in Covid-19 cases in the Santa Cruz province.

The miner is carrying out a deep-clean of the site's facilities and equipment and expects to restart limited operations on Friday.

Hochschild said it does not expect the stoppage to affect its full year guidance of 280,000 to 290,000 gold equivalent ounces or 24.0 to 25.0 million silver equivalent ounces.

Shares in Hochschild were up 2.9% at 218.98 pence on Monday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

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11 Oct 2023 09:17

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

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6 Sep 2023 14:37

Hochschild Mining swings to loss and lowers production targets

(Alliance News) - Hochschild Mining PLC on Wednesday said it has lowered its production guidance for the current year following a decline in the first half, with revenue and earnings both decreasing.

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