Hochschild Mining

Hochschild Mining
Public (LSE: HOC)
Industry Mining
Founded 1911
Headquarters London, UK
Key people
Eduardo Hochschild, Chairman
Ignacio Bustamante, CEO
Revenue $722.6 million (2017)[1]
$92.3 million (2017)[1]
$53.9 million (2017)[1]
Website www.hochschildmining.com

Hochschild Mining plc is a leading British-based silver and gold mining business operating in North, Central and South America. It is headquartered in Lima with a corporate office in London, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The main shareholder is the Peruvian businessman Eduardo Hochschild.

History

The company was founded in 1911 by Mauricio Hochschild. It was first listed on the London Stock Exchange in 2006.[2] It started operations at the San José mine in Argentina in June 2007,[3] at the Moris mine in Mexico in August 2007[4] and at the Pallancata mine in southern Peru in September 2007.[5]

In 2012 local people in Chumbivilcas complained about the Ares mine and the government of Peru decided to suspend operations in Ares on a temporary basis so it could carry out an environmental audit.[6]

Operations

The Company has mines in the following locations:[7]

  • Peru - Arcata, Pallancata and Inmaculada mines
  • Argentina - San José mine

References

  1. 1 2 3 "Preliminary Results 2017" (PDF). Hochschild Mining. Retrieved 25 March 2018.
  2. Hochschild plans London IPO Mining Journal, 13 October 2006
  3. Hochschild, Minera Andes settle lawsuit Mining Weekly, 21 September 2010
  4. Hochschild Mining - production commences at Moris mine in Mexico Mineweb, 13 August 2007
  5. Pallancata Mine International Minerals
  6. HudBay Minerals says Peru copper project on track Marketwatch, 13 February 2012
  7. "Our operations". Hochschild Mining. Retrieved 22 April 2017.
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