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Hochschild Mining temporarily halts operations at San Jose mine amid Santa Cruz lockdown

StockMarketWire.com

Mining company Hochschild Mining maintained its annual output guidance despite halting operations at its San Jose mine in Argentina after a surge in Covid-19 infections in the Santa Cruz province forced various mines into temporary lockdown.

The company's San Jose operation had been mandated to halt operations and was currently undertaking a deep-clean of the site's facilities and equipment.

Subject to permission from the authorities, Hochschild was expecting to restart limited operations on 4 December 2020, the company said.

The stoppage was not expected to affect the company's revised full year guidance of between 280,000-to-290,000 gold equivalent ounces or 24.0-25.0 million silver equivalent ounces.





Story provided by StockMarketWire.com