Community protest halts work at Hochschild mine

Hochschild Mining reported on Thursday that its Pallancata mine in Peru had temporarily stopped production due to a road blockade by members of a local community.

The FTSE 250 company said the community was demanding the renegotiation of existing agreements for land easements.

“In keeping with the company's approach to active stakeholder engagement, discussions with relevant parties, which have been facilitated by the [Peruvian] Government, are ongoing,” the board said in a statement.

“Despite the temporary stoppage at Pallancata, the company's production and cost guidance for 2016 are not affected.”