Hochschild shutters San Jose mine after Covid-19 spike

Hochschild Mining said it had been ordered to lockdown its San Jose operation after a “significant increase” in Covid-19 infections in the Santa Cruz province of Argentina.

The company on Monday said it was currently undertaking a deep-clean of the site's facilities and equipment and expected to restart limited operations on December 4.

It added that the stoppage was not expected to affect revised full year guidance of between 280,000 - 290,000 gold equivalent ounces or 24m – 25m silver equivalent ounces.