Update on San Jose industrial action

RNS Number : 9487F

Hochschild Mining PLC

04 May 2011

 



4 May 2011 

Update on San Jose industrial action

Hochschild Mining plc ("Hochschild" or "the Company") confirms that production is scheduled to resume today at its San Jose mine in Argentina. Negotiations continue with the AOMA union (Argentine Mining Labour Association) with a full agreement yet to be reached.

Furthermore, Hochschild confirms that, in light of the 15 day production stoppage at the operation, it will be revising its full year production estimates for the San Jose mine and evaluating the corresponding impact on overall Group 2011 production.

A further announcement will be made in due course.

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Enquiries:

Hochschild Mining plc

Charles Gordon                                                                                    [phone]

Head of Investor Relations

Finsbury

Faeth Birch                                                                                          [phone]

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.

 

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