Hochschild Mining PLC - London-based gold and silver miner operating in North, Central & South Americ - Reports first quarter attributable production of 47,226 ounces of gold and 2.4 million ounces of silver. Says Inmaculada's operational delivery "solid" while San Jose was hit by Covid-related absenteeism and seasonal vacations earlier in the quarter. Firm is on track to meet overall 2022 production target of 360,000 to 375,000 gold equivalent ounces after producing 80,889 gold equivalent ounces in the first quarter. "Our flagship Inmaculada operation has delivered a better than expected first quarter of the year and despite our Argentinian operations having faced Covid-related workforce absences and seasonal vacations early in the period, we are on track to meet 2022 production and cost targets," says Chief Executive Ignacio Bustamante.
Current stock price: 121.50 pence, up 0.9% on Tuesday
12-month change: down 38%
By Lucy Heming;Â lucyheming@alliancenews.com
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Hochschild (HOC)