Hochschild Mining

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Hochschild Mining
Public (LSEHOC)
Industry Mining
Founded 1911
Headquarters London, UK
Key people
Eduardo Hochschild, Chairman
Roberto Dañino, Deputy Chairman
Ignacio Bustamante, CEO
Revenue $622.2 million (2013)[1]
$17.7 million (2013)[1]
$(128.7)million (2013)[1]
Website www.hochschildmining.com

Hochschild Mining plc is a leading British-based silver and gold mining business operating in North, Central and South America. It is headquartered in London, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The main shareholder is the Peruvian businessman Eduardo Hochschild.

History[edit]

The company was founded in 1911 by Mauricio Hochschild. It was first listed on the London Stock Exchange in 2006.[2] It started operations at the San José mine in Argentina in June 2007,[3] at the Moris mine in Mexico in August 2007[4] and at the Pallancata mine in southern Peru in September 2007.[5]

In 2012 local people in Chumbivilcas complained about the Ares mine and the government of Peru decided to suspend operations in Ares on a temporary basis so it could carry out an environmental audit.[6]

Operations[edit]

The Company has mines in the following locations:

  • Peru - Arcata, Ares, Pallancata, Inmaculada mines and Selene plant
  • Argentina - San José mine

References[edit]

  1. ^ a b c Annual Report 2013
  2. ^ Hochschild plans London IPO Mining Journal, 13 October 2006
  3. ^ Hochschild, Minera Andes settle lawsuit Mining Weekly, 21 September 2010
  4. ^ Hochschild Mining - production commences at Moris mine in Mexico Mineweb, 13 August 2007
  5. ^ Pallancata Mine International Minerals
  6. ^ HudBay Minerals says Peru copper project on track Marketwatch, 13 February 2012

External links[edit]