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IN BRIEF: Hochschild Mining sells Crespo project for $15 million

ALN

Hochschild Mining PLC - Gold and silver miner with operations in South America - Sells its Crespo project in southern Peru for $15 million to Kina Mining Peru SAC. Chief Executive Officer Eduardo Landin says: ‘The sale of the Crespo project is consistent with our stated strategy of disciplined capital allocation and focusing on our core assets such as the Company’s flagship Inmaculada mine and the new Royropata project, both in Peru, as well as the recently-completed Mara Rosa mine in Goias, Brazil.’

Current stock price: 133.00 pence, up 4.4%

12-month change: up 54%

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