Nov 20, 2020 / 01:00PM GMT
Operator
Good day, and welcome to the Hochschild Mining conference call. At this time, I would like to turn the conference over to Ignacio Bustamante. Please go ahead, sir.
Ignacio Bustamante - Hochschild Mining plc - CEO & Director
Thank you, Ciara. Hello, and welcome to the conference call to discuss our announcement this morning. As usual, Ramón Barúa and Charlie Gordon are on the line with me as well.
Today, we announced 2 pieces of news. Firstly, at yesterday's scheduled meeting, our Board decided to pay an interim dividend of $0.04 per share, which amounts to a total of $20.6 million payout. As you know, the Board withdrew the 2019 final dividend in April to conserve cash when our operations were halted because of COVID. The Board further discussed the subject in August, just before our half year results, but felt that it was too early given that Inmaculada had not yet ramped up back to full production and decided to revisit the plan at this month's meeting.
We're in a strong balance sheet position, as you saw from last month's Q3
Hochschild Mining PLC 2021 Guidance Call Transcript
Nov 20, 2020
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