Restart of operations at San Jose

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7 December 2020

Restart of operations at San Jose

Hochschild Mining PLC ("Hochschild" or "the Company") is today announcing that, as expected, following permission from the authorities in the Santa Cruz province in Argentina, the Company has restarted limited operations at the San Jose mine. As detailed in the release dated 30 November 2020, a significant increase in Covid-19 infections had resulted in a temporary lockdown of various mines in the region with San Jose mandated to halt operations. A reduced level of staff are now on-site to oversee the final production of the unit's revised 2020 output target.

The Company remains on track to meet its revised full year guidance of between 280,000-290,000 gold equivalent ounces or 24.0-25.0 million silver equivalent ounces.

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Enquiries:

Hochschild Mining PLC

Charles Gordon +44 (0)20 3709 3264

Head of Investor Relations

Hudson Sandler

Charlie Jack +44 (0)207 796 4133

Public Relations

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About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

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LEI: 549300JK10TVQ3CCJQ89

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