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IN BRIEF: Hochschild Mining notes progress at Volcan project, Chile

Mon, 14th Aug 2023 11:01

Hochschild Mining PLC - London-based silver and gold miner with operations in North and South America - Says updated measured mineral resource estimate for its Volcan development project in the Atacama region, Chile, is 124.0 million tonnes with a 0.7 average gold grade. Adds it has executed a USD15 million financing with a Franco-Nevada Corp subsidiary through the sale of a new 1.5% net smelter return royalty.

Current stock price: 86.95 pence, up 2.9% on Monday

12-month change: up 5.6%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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