Hochschild Mining PLC (LSE:HOC)
£ 2.365 -0.025 (-1.05%) Market Cap: 1.22 Bil Enterprise Value: 1.42 Bil PE Ratio: 45.09 PB Ratio: 2.67 GF Score: 65/100

Q2 2019 Hochschild Mining PLC Production Results Call Transcript

Jul 18, 2019 / 01:30PM GMT
Release Date Price: £1.83 (+1.18%)
Operator

Hello, and welcome to the Hochschild's Q2 Production Results. (Operator Instructions) Just to remind you, this conference call is being recorded. Today, I'm pleased to present Ignacio Bustamante, CEO. Ignacio, please go ahead with your meeting.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you, [Brad]. Hello, and welcome to our second quarter production conference call. Here in Lima, we have myself, Ignacio Bustamante, CEO; and with me is Ramón Barúa, our CFO; and in London is Charlie Gordon, our Head of Investor Relations.

As you may have read this morning, we have once again had another really solid operational quarter, producing 10 million silver equivalent ounces or around 122,000 gold equivalent ounces. As we commented after the first quarter, this is ahead of the run rate of our production forecast for the year of 37 million silver equivalent ounces or for 157 gold equivalent ounces. We have also reaffirmed that we are on track to meet our all-in sustaining cost guidance for the year of $960 to $1,000 per gold equivalent

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