Hochschild Mining Plc : Production Report for the 6 months ended 30 June 2012
Q2 2012 attributable production of 5.2 million silver equivalent ounces
H1 2012 attributable production of 10.2 million silver equivalent ounces
On track to deliver 2012 attributable production target of 20.0 million silver equivalent ounces
Temporary accumulation of San Jose concentrate inventory at end Q2 2012 due to industry-wide regulatory changes in Argentina; exports resumed and inventory to be sold in H2 2012
Continued progress at Inmaculada and Crespo Advanced Projects
Ongoing positive results from mines and brownfield exploration programme with significant intercepts reported and continued discovery of new economic veins
Resource additions at current operations on track to meet annual target
Solid financial position with total cash of approximately $543m and minority investments of $413.6m as at 30 June 2012
