Hochschild Mining PLC (STU:H3M)
€ 2.82 -0.015 (-0.53%) Market Cap: 1.46 Bil Enterprise Value: 1.71 Bil PE Ratio: 45.09 PB Ratio: 2.67 GF Score: 65/100

Q3 2023 Hochschild Mining PLC Production Volume Call Transcript

Oct 18, 2023 / 12:30PM GMT
Release Date Price: €0.9805 (+1.55%)
Eduardo Noriega
Hochschild Mining plc - CFO

(inaudible) equivalent total for almost 54,000 ounces of gold. As you know, in (inaudible), we received approval from [Brazil] government for Inmaculada's Modified Environmental Assessment, showing the reduction (inaudible) starting to catch up process in mine development. Tonnage did increase in this quarter and gold grades were also strong. Production for the first 9 months of the year was just over 146,000 equivalent gold ounces. In (inaudible), the San Jose operation delivered increased tonnage in the third quarter, which also increased steadily to 3.0 million silver equivalent ounces which brings the 9 months totaled to 7.9 million ounces. You can expect the fourth quarter to be the strongest of the year.

(inaudible) silver equivalent ounces, which is slightly better than the first 2 quarters of the year reflecting higher-than-expected rate. The (inaudible) mining area is close to completion. And as we have explained before, we expect to place the mine on (inaudible).

Turning to our Mara Rosa construction project, we have a strong

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