Hochschild reports lower q/q production
Precious metals miner Hochschild has reported a quarter-on-quarter drop in gold and silver production, owing to a temporary delay at the Inmaculada mine, in Peru.
The London-listed miner delivered attributable production of 72 364 gold-equivalent ounces (GEO), or six-million silver-equivalent ounces, during the second quarter. This compares with 80 960 GEOs in the second quarter last year.
Inmaculada's second-quarter production was 30 639 oz of gold and 1.3-million ounces of silver, which amounts to output of 46 297 GEOs.
Hochschild said tonnage was lower than the previous quarter, as expected, owing to the ongoing delays in the decision on the modified environment impact assessment (MEIA) impacting mine development, although this was offset by higher grades.
Overall, in the first half of 2023, Inmaculada produced 92 856 GEOs, compared with 106 584 GEOs.
Hochschild said it continued to work with SENACE, Peru's National Service of Environmental Certification for Sustainable Investments, to complete the final review of Inmaculada's MEIA.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation