Hochschild Mining Halts San Jose Mine Operations As Virus Cases Rise

(Alliance News) - Hochschild Mining PLC on Monday announced that it has halted operations at the ...

Alliance News 30 November, 2020 | 10:17AM
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(Alliance News) - Hochschild Mining PLC on Monday announced that it has halted operations at the San Jose gold-silver mine in Argentina, following a "significant increase" in Covid-19 cases in the Santa Cruz province.

The miner is carrying out a deep-clean of the site's facilities and equipment and expects to restart limited operations on Friday.

Hochschild said it does not expect the stoppage to affect its full year guidance of 280,000 to 290,000 gold equivalent ounces or 24.0 to 25.0 million silver equivalent ounces.

Shares in Hochschild were up 2.9% at 218.98 pence on Monday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Hochschild Mining PLC 212.00 GBX -0.47 -

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