Hochschild Mining PLC Inmaculada Update (1950F)
November 03 2022 - 3:00AM
UK Regulatory
TIDMHOC
RNS Number : 1950F
Hochschild Mining PLC
03 November 2022
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3 November 2022
Inmaculada Update
Hochschild Mining PLC ("Hochschild" or the "Company") (LSE: HOC)
(OTCQX: HCHDF) announces that on 31 October 2022, a group of
approximately 30 people from a local community broke into the
Inmaculada mining unit and severely damaged certain non-critical
installations. The Company took immediate action to ensure the
safety of the 1,700 employees at the operation and that its rights
under Peruvian law were respected. The relevant authorities,
including local law enforcement, were notified.
Despite these developments and the fact that a prior agreement
had been in place with the community in question, the Company held
discussions with community representatives on 1 and 2 November. As
this did not result in an agreement being reached, further
discussions will be held next week with representatives from the
Peruvian government also scheduled to attend.
Hochschild operates under the highest standards and establishes
its relationships with communities based on trust, and consequently
reiterates its ongoing commitment to open dialogue. The Company
expects relevant authorities to intervene to prevent future
disruptive and violent acts.
Although production remains unaffected, further updates will be
provided if the situation changes.
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Enquiries:
Hochschild Mining PLC
Charles Gordon
+44 (0)20 3709 3264
Head of Investor Relations
Hudson Sandler
Charlie Jack
+44 (0)207 796 4133
Public Relations
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About Hochschild Mining PLC
Hochschild Mining PLC is a leading precious metals company
listed on the London Stock Exchange (HOCM.L / HOC LN) with a
primary focus on the exploration, mining, processing and sale of
silver and gold. Hochschild has over fifty years' experience in the
mining of precious metal epithermal vein deposits and currently
operates three underground epithermal vein mines, two located in
southern Peru and one in southern Argentina. Hochschild also owns
the Mara Rosa Advanced Project in Brazil as well as numerous
long-term projects throughout the Americas.
LEI: 549300JK10TVQ3CCJQ89
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