• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Silver Market
    Silver News
    Silver Stocks
    • Silver Market
    • Silver News
    • Silver Stocks

    Hochschild Mining Beats 2013 Silver Production Target

    Charlotte McLeod
    Jan. 21, 2014 01:11PM PST
    Silver Investing

    Hochschild Mining plc (LSE:HOC) released its 2013 production report, commenting that it exceeded its production target of 20 million ounces of silver, putting out a total of 20.5 million attributable silver equivalent ounces. That includes 13.6 million ounces of silver and 116,000 ounces of gold.

    Hochschild Mining plc (LSE:HOC) released its 2013 production report, commenting that it exceeded its production target of 20 million ounces of silver, putting out a total of 20.5 million attributable silver equivalent ounces. That includes 13.6 million ounces of silver and 116,000 ounces of gold.

    Other highlights include:

    • Cashflow optimisation programme delivering material cost and expenses savings
    • All-in sustaining cost expected to fall by between 12-16% in 2013
    • 2014 production target set at 21.0 million attributable silver equivalent ounces
    • All-in sustaining cost expected to fall by 0-5% in 2014
    • Acquisition of Pallancata and Inmaculada minorities completed on 20 December 2013
    • 350 million bond issuance priced on 15 January 2014
      • 7.750% Senior Notes due 2021
    • Pro-forma cash position of $347.2m2 and $53.8m3 of short-term borrowings as at 31 December 2013

    Click here to read the full Hochschild Mining plc (LSE:HOC) press release.

    senior notes
    The Conversation (0)

    Go Deeper

    AI Powered
    Silver bar surrounded by shiny silver nuggets on a black background.

    Top 5 Canadian Silver Stocks of 2025

    Silver bars on a financial chart background with upward trend lines.

    Silver Miners Deliver Record Q2 Earnings as Price Breaks Out

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×