Hochschild Mining PLC
LSE:HOC

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Hochschild Mining PLC
LSE:HOC
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Price: 426.8 GBX -0.23%
Market Cap: 2.2B GBX

Hochschild Mining PLC
Investor Relations

Hochschild Mining PLC is a legacy in motion, its roots stretching back to 1911 when it was founded by Mauricio Hochschild, a pioneer in the mining industry who laid the groundwork for a company that would eventually become a major player in the precious metals sector. Headquartered in London, Hochschild Mining operates primarily in Latin America, with flagship projects in Peru and Argentina. The company thrives on the extraction of silver and gold, commodities that have mesmerized and driven human enterprise for centuries. Hochschild's expertise is not merely in unearthing these natural treasures but in doing so with a keen eye for innovation, deploying advanced mining technologies to maximize yield while maintaining a vigilant environmental stance. This dual focus on technology and sustainability is what sets the company apart in a fiercely competitive industry.

What truly fuels Hochschild's revenue stream is its robust operational capacity and strategic positioning in geologically rich regions. The company operates through a combination of underground mining and open pit strategies, allowing it to efficiently exploit its vast reserves. Revenue generation hinges on its ability to accurately forecast, extract, and sell these precious metals at the optimal time, often pacing the rhythm of global market demands. Hochschild's financial vitality is deeply intertwined with its agility in navigating commodity price fluctuations, ensuring it can continue to mine profitably regardless of market volatility. This deft balance between exploration, extraction, and market engagement defines Hochschild's enduring relevance in the mining realm. As it looks to the future, the company strives to enhance its sustainability credentials while pursuing opportunities to expand its resource base beyond traditional boundaries.

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Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 27, 2025
AI Summary
Q2 2025

Production Growth: Gold production rose 6% to 161,000 ounces in H1 2025 versus last year.

Revenue & Profit: Revenue reached $520 million and attributable net profit was $60.1 million, both higher than in 2024.

Costs Up: All-in sustaining cost increased to $1,914 per ounce, reflecting inflation, higher volumes, and royalty/tax impacts.

Mara Rosa Update: The plant has restarted after operational challenges; full-year production guidance reduced to 35,000–45,000 ounces.

Interim Dividend: An interim dividend of $5.1 million, or $0.01 per share, was announced.

Guidance Revised: 2025 group production guidance set at 291,000–319,000 ounces of gold equivalent.

Strong ESG Performance: Safety, environmental, and community KPIs improved, with inclusion in indices like FTSE4Good.

Balance Sheet: Cash position at $110 million, net debt improved to $202 million, and net debt/EBITDA fell to 0.43.

Key Financials
Gold Production
161,000 ounces
Revenue
$520 million
Attributable Net Profit
$60.1 million
Adjusted EBITDA
$224.5 million
All-in Sustaining Cost
$1,914 per ounce
Cash Position
$110 million
Net Debt
$202 million
Net Debt to EBITDA
0.43
Interim Dividend
$5.1 million
Interim Dividend per Share
$0.01
Inmaculada H1 Production
106,000 ounces of gold equivalent
Mara Rosa H1 Production
30,000 ounces
San Jose H1 Production
not specified
Earnings Call Recording
Other Earnings Calls

Management

Mr. Eduardo Landin Navarro
CEO & Executive Director
No Bio Available
Mr. Eduardo Noriega
Chief Financial Officer
No Bio Available
Mr. Rodrigo Nunes
Chief Operating Officer
No Bio Available
Mr. Charles Gordon
Head of Investor Relations
No Bio Available
Mr. Jose Augusto Palma Garcia Zapatero
Vice President of Legal & Corporate Affairs
No Bio Available
Mr. Eduardo Villar
Vice President of Human Resources
No Bio Available
Mr. Isac Burstein
Vice President of Exploration & Business Development
No Bio Available
Mr. Gregory John McCunn BASc, M.B.A., P.Eng.
CEO of Volcan Gold Project
No Bio Available
Mr. Rajish Dev Bhasin
Company Secretary
No Bio Available

Contacts

Address
London
17 Cavendish Square
Contacts