Hochschild first-half output down, says on track for full-year target

Mexico's Hochschild Mining produced 11.1-million ounces of silver in the first half of this year, 13% less than a year earlier because of lower grades mined at its two main Peruvian operations, but said it still expects to meet output targets for...

Hochshild cuts Lake Shore stake to 6%

Mexico's Hochschild Mining has agreed to sell the bulk of its 35% holding in Lake Shore Gold for a total of C$392,4-million, the firm announced on Thursday. Hochschild will cut its stake in Lake Shore to just 6%, after completing a bought-deal...

Hochschild buys controlling interest in Inmaculada project

Mexico's Hochschild Mining will increase its holding in the Inmaculada project in Peru to 60% interest, the firm and partner International Minerals Corp announced on Wednesday. International Minerals has been earning a 70% stake in the project,...

Hochschild, Minera Andes settle lawsuit

LSE-listed Hochschild Mining and Canadian partner Minera Andes have agreed to settle a legal dispute, the firms announced on Monday. The two companies have a joint venture on the San Jose precious-metals mine in Argentina, and have a bumpy...

Silver, gold resource more than triples at Peru project

International Minerals and partner Hochschild Mining could produce about 117 000 oz of gold and 4-million ounces of silver a year, from the Inmaculada precious metals project in Southern Peru. International Minerals, which is earning a 70% stake...

Orocobre hires GM to advance Argentina lithium/potash project

ASX- and TSX-listed Orocobre has appointed Jose Gustavo de Castro Alem as general manager in Argentina, to advance development of the company's flagship Salar de Olaroz lithium/potash project, the firm said on Monday. De Castro Alem has held...

Pallancata mine, Peru

A silver mine, situated in in Peru

Hochschild Mining CEO and CFO to leave, shares fall

Latin American precious metal producer Hochschild Mining said its chief executive and finance director were both leaving the company, knocking its shares even as it announced strong results. Miguel Aramburu will step down as chief executive for...

Hochschild expects to meet 2009 silver output goal

London-listed, Latin America-focused Hochschild Mining remains on track to produce its targeted 28-million silver-equivalent ounces this year, an increase of 7% compared with 2008, chairperson Eduardo Hochschild said on Wednesday. On top of that,...

Hochschild boosts stake in Gold Resources to 23,9%

Aim-listed precious metal company Hochschild Mining has exercised its option to purchase a further five-million shares in gold and silver producer Gold Resources Corporation (GRC). The transaction was done for a total cash consideration of...

Hochschild, Southwestern enter arrangement agreement on buy-out

Precious-metals miner Hochschild Mining and TSX-listed Southwestern Resources have concluded an arrangement agreement for a transaction in which Hochschild will buy Southwestern for C$0,50 a share. The purchase price represents a 144% premium to...

Workers strike at Hochschild mines in Peru

Precious metals producer Hochschild Mining is grappling with industrial action at all four of its Peruvia mines, but still expects to meet yearly output targets, the firm said on Monday. The company is in talks with local workers and is...