Hochschild Mining PLC (OTCPK:HCHDY)
$ 27.14 0 (0%) Market Cap: 1.23 Bil Enterprise Value: 1.48 Bil PE Ratio: 0 PB Ratio: 2.00 GF Score: 60/100

Q3 2020 Hochschild Mining PLC Production Volume Call Transcript

Oct 21, 2020 / 01:30PM GMT
Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Hello, and welcome to Third Quarter Production Conference Call. As usual, I'm here in Lima. And also on the line is Ramón Barúa, our CFO; and normally, Charlie Gordon, our Head of Investor Relations.

The third quarter of 2020 has seen a steady recovery in our [outlook] with Pallancata operating at full production throughout, San Jose, still remaining in a ramp-up phase. At Inmaculada, we need to remember that we started operation in mid-July following a second stoppage due to COVID-19. Our operations team has done a fantastic job in getting the mine back up to full production in early September despite obviously having to follow a number of stringent protocols we defined and implemented.

Overall, our third quarter production was obviously still significantly impacted, but we were able to produce just over 68,000 gold equivalent ounces or 5.9 million silver equivalent ounces which, therefore, means that our 9-month output in this difficult year was almost 195,000 gold equivalent ounces or 16 million silver equivalent ounce.

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