Hochschild H1 production hits record; On track for FY targets

Hochschild Mining said it it was “firmly on track” to meet full year production as its strong start to 2019 continued with second quarter attributable production of 123,959 gold equivalent ounces.

The company said it produced 245,325 gold equivalent ounces or 19.9m silver equivalent ounces in the first half, the second highest in Hochchild's history, due to solid delivery from all of the company's mines especially Inmaculada in Peru.

"Hochschild has continued its strong operational performance in the second quarter of 2019, with year-on-year increases at all three of our mines, resulting in our second strongest half of production on record,” said chief executive Ignacio Bustamante.

“Consequently we remain firmly on track to meet our annual production and cost targets.”