9 June 2011
Hochschild appoints Non-Executive Director
Hochschild Mining plc ("Hochschild") is pleased to announce the appointment of Dr. Graham Birch as a Non-Executive Director, with effect from 1 July 2011.
Prior to his retirement in 2009, Dr Birch was a Director of BlackRock Commodities Investment Trust plc and manager of BlackRock's World Mining Trust and Gold and General Unit Trust. Previously he worked at Kleinwort Benson Securities and Ord Minnett/Fleming Ord Minnett before joining Mercury Asset Management in 1993, where he launched a number of mining and natural resources funds. In 1997, Mercury Asset Management was acquired by Merrill Lynch Investment Managers which was itself eventually acquired by BlackRock in 2006. Graham has a PhD in mining geology from Imperial College, London and is currently Senior Non-Executive Director of Petropavlovsk Plc, Vice Chairman of Rothamsted Research and is also a Non-Executive Director of the asset management company, ETF Securities.
The appointment of an additional director increases the number of Board members to nine including seven Non-Executive Directors. Dr Birch will also serve as a member of the Audit Committee.
Commenting on the appointment, Eduardo Hochschild, Chairman, said:
"I have great pleasure in welcoming Graham to the Board of Hochschild. His appointment brings extensive relevant experience in the natural resource industry and represents another key stage in Hochschild's evolution as a London listed company, as we build on the appropriate skills to advance effectively the Group's strategy."
There are no other matters to disclose in accordance with paragraph 9.6.13R of the FSA's Listing Rules.
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Enquiries:
Hochschild Mining plc
Charles Gordon +44 (0)20 7907 2934
Head of Investor Relations
Finsbury
Faeth Birch +44 (0)20 7251 3801
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 forty years' experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.