Hochschild Mining
 | |
| Company type | Public |
|---|---|
| LSE: HOC | |
| Industry | Mining |
| Founded | 1911 |
| Headquarters | London, UK |
Key people | Eduardo Hochschild, Chairman Ignacio Bustamante, CEO |
| Revenue |  $693.7 million (2023)[1] |
 $82.1 million (2023)[1] | |
| $(60.0) million (2023)[1] | |
Number of employees | 3,700 (2022)[1] |
| Subsidiaries | Compania Minera Ares, Minera Santa Cruz, International Minerals, Andina Minerals, Compania Minera Arcata |
| 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 Lima, Peru, with a corporate office 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 Moritz "Mauricio" Hochschild, one of South America's three tin barons. He had mining operations in several countries, primarily in Bolivia and Chile.[2]
The company was first listed on the London Stock Exchange in 2006.[3] It started operations at the San José mine in Argentina in June 2007,[4] at the Moris mine in Mexico in August 2007,[5] and at the Pallancata mine in southern Peru in September 2007.[6]
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.[7]
Operations
[edit]The company has mines in the following locations:[8]
- Peru – Arcata, Pallancata and Inmaculada mines
- Argentina – San José mine
References
[edit]- ^ a b c d "Preliminary Results 2023" (PDF). Hochschild Mining. Retrieved 13 March 2024.
- ^ Waszkis, Helmut. "Book Review: Dr. Moritz (Don Mauricio) Hochschild 1881-1965. The Man and His Companies. A German Jewish Milling Entrepreneur in South America" (PDF). Mining History Association. p. 151. Retrieved 11 August 2020.
- ^ "Hochschild plans London IPO". Mining Journal. 13 October 2006. Archived from the original on 13 October 2006. Retrieved 11 August 2020.
- ^ Hill, Liezel (21 September 2010). "Hochschild, Minera Andes settle lawsuit". Mining Weekly. Retrieved 11 August 2020.
- ^ "Hochschild Mining - production commences at Moris mine in Mexico". mineweb.net. 13 August 2007. Archived from the original on 28 September 2011.
- ^ "Pallancata Mine". intlminerals.com. International Minerals. Archived from the original on February 28, 2009. Retrieved August 11, 2020.
- ^ Dube, Ryan (13 February 2012). "HudBay Minerals says Peru copper project on track". Marketwatch.com. Retrieved 11 August 2020.
- ^ "Our operations". Hochschild Mining. Retrieved 22 April 2017.
External links
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- Companies in the FTSE 250 Index
- Mines in Mexico
- Non-renewable resource companies established in 1911
- Gold mining companies of the United Kingdom
- Silver mining companies
- 1911 establishments in England
- Mining in Argentina
- Mining in Mexico
- Mining in Peru
- Companies listed on the London Stock Exchange
- Mining company stubs