Hochschild Mining PLC (OTCPK:HCHDY)
$ 27.14 0 (0%) Market Cap: 1.23 Bil Enterprise Value: 1.49 Bil PE Ratio: 0 PB Ratio: 2.00 GF Score: 60/100

Q3 2021 Hochschild Mining PLC Production Results Call Transcript

Oct 26, 2021 / 01:30PM GMT
Operator

Good day, and welcome to the Hochschild Mining Q3 2021 Production Results Call. I will now hand you over to Ignacio Bustamante. Please go ahead.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you, Marie. Hello, and welcome to our conference call to discuss the third quarter production results. As usual, I'm here in Lima. And also with me is Ramón Barúa, our CFO; and Eduardo Noriega, Head of Finance; and in London is Charlie Gordon, our Head of Investor Relations.

The third quarter was our strongest of the year, with good production of almost 94,000 gold equivalent ounces or 9 million silver equivalent ounces. Our 9-month figure is, therefore, almost 269,000 ounces or 23.1 million silver equivalent ounces, which places us in a very strong position to meet our 2021 target of between 360,000 and 372,000 gold equivalent ounces or between 31 million and 32 million silver equivalent ounces.

At Inmaculada, grades and recoveries in the third quarter were better than we expected. Production was just over 44,000 ounces of gold

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