Mining News of Note Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LoneClone who wrote (34669)	3/25/2009 8:27:51 PM
From: LoneClone	Read Replies (1) of 194375

Gold and silver miner Hochschild swings to annual loss Hochschild Mining said it had swung to an annual loss after an impairment charge. Posted: Wednesday , 25 Mar 2009 LONDON (Reuters) - mineweb.co.za Gold and silver producer Hochschild Mining Plc said on Wednesday it swung to an annual loss after an impairment charge. The Latin American miner moved to an attributable loss after exceptionals of $19.0 million from an attributable profit after exceptional items of $85.1 million in 2007. The results were impacted by $45 million of exceptional items, including a $34.7 million impairment relating to fixed assets at its Selene, Moris and San Felipe operations. It previously announced 2008 attributable production of 26.1 million silver equivalent ounces, comprised of 16.9 million ounces of silver and 152.9 thousand ounces of gold. On Monday, the Latin American miner said labour strikes had started at all four of its mines in Peru [ID:nLN215497] (Reporting by Julie Crust)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next