Hochschild Mining PLC (OTCPK:HCHDF)
$ 2.7542 -0.0803 (-2.83%) Market Cap: 1.47 Bil Enterprise Value: 1.74 Bil PE Ratio: 41.11 PB Ratio: 2.37 GF Score: 73/100

Q4 2020 Hochschild Mining PLC Production Report Call Transcript

Jan 20, 2021 / 02:00PM GMT
Release Date Price: $2.61 (+9.96%)
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, CEO. Please go ahead.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you, Margaret. Hello, and welcome to our Fourth Quarter Production Conference Call.

As usual, I'm here in Lima, and also on the line is Ramón Barúa, our CFO; and locked down in London is Charlie Gordon, our Head of Investor Relations.

The fourth quarter of 2020 has been a successful one for us, with both the Peruvian mines operating as normal. And despite another stoppage at San Jose, we were able to meet our output target there for the period.

For 2020 as a whole, we have delivered on our revised production forecast with 289,000 gold equivalent ounces, or 24.9 million silver equivalent ounces produced.

In the fourth quarter, group production was just over 94,000 gold equivalent ounces or 8.1 million silver equivalent ounces. At Inmaculada, unsurprisingly, tonnage increased versus impacted

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