Full Year 2022 Hochschild Mining PLC Earnings Call Transcript

Apr 20, 2023 / 07:30AM GMT
Ignacio Bustamante - Hochschild Mining plc - CEO & Director

Good morning, everyone. Thank you for joining us today for our annual results presentation. I am Ignacio Bustamante and also with me is Eduardo Noriega, our CFO. So let me start with the key highlights for 2022. So in terms of the financial figures, you have probably seen already in the release, $736 million of revenues and EBITDA of $249 million, EPS with $0.01 per share, cash balance of $144 million and a net debt of $175 million.

On the operational front, we have also announced a production of 359,000 pretty much ounces, (inaudible) ounces at an average all-in sustaining cash cost of $1,364. And something that is very important, as you know, is that we are expecting the Inmaculada permit decision during Q2 as we highlighted a couple of weeks ago.

On the exploration front and business development front, we're doing very good progress with our Mara Rosa project and we get into a little bit more detail in the presentation. We are already over 70% completion, which is very good, on time and on budget. Our attributable

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