TORONTO (miningweekly.com) – London-listed Hochschild Mining has received the final mill operating permit from the Peruvian government for its Inmaculada mine, giving the company the green light to start doré sales.
The south-west Peru-based mine declared commercial production earlier this month.
The mine, which Hochschild believed would be its chief operation for a number of years, had produced about 25 000 oz of gold and 622 000 oz of silver since the first doré was produced in early June.
The mine was expected to produce between seven- and eight-million silver-equivalent ounces this year and between 12- and 13-million silver-equivalent ounces in 2016 at a forecast all-in sustaining cost of about $10 a silver-equivalent ounce.