HOC Hochschild Mining Plc

 

TIDMHOC 
 
RNS Number : 5910P 
Hochschild Mining PLC 
27 March 2009 
 

 
 
27 March 2009 
Hochschild Mining successfully resolves industrial action 
On track to meet 2009 production target of 28 million 
 
Hochschild Mining plc ("Hochschild") is pleased to announce that it has 
successfully concluded negotiations relating to the industrial action announced 
on 23 March 2009. All four Peruvian operations are now operating at full 
capacity and there has been no impact on the Company's 2009 production target of 
28 million attributable silver equivalent ounces. 
 
Miguel Aramburú, CEO of Hochschild Mining, commented: 
"I am pleased that we have reached a swift conclusion to the industrial action 
in Peru. We are on track to deliver our 2009 production target and will continue 
to implement rigorous cost saving measures with the aim of reducing costs below 
2008 levels. We have a long history of good relations with our employees and 
remain committed to operating in the interests of all our stakeholders." 
 
Enquiries: 
 
Hochschild Mining plc 
Isabel Lutgendorf                                                 +44 (0) 207 
907 2934 
Head of Investor Relations 
 
 
Finsbury 
Robin Walker                                                 +44 (0) 207 251 
3801 
Zoe Watt 
 
About Hochschild Mining plc: 
 
 
Hochschild Mining plc is a leading precious metals company listed on the London 
Stock Exchange (HOCM.L for Reuters / HOC LN for Bloomberg) with a primary focus 
on the exploration, mining, processing and sale of silver and gold. Hochschild 
has over forty years experience in the mining of precious metal epithermal vein 
deposits and currently operates five underground epithermal vein mines, four 
located in southern Peru, one in southern Argentina and one open pit mine in 
northern Mexico. Hochschild also has over sixteen long-term prospects throughout 
the Americas. 
 
 
For further information please visit www.hochschildmining.com 
___________________________________________________________________ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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