Hochschild Mining

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. The company is focused on the underground mining of narrow veins.[2]

History

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.[3]

The company was first listed on the London Stock Exchange in 2006.[4] It started operations at the San José mine in Argentina in June 2007,[5] at the Moris mine in Mexico in August 2007,[6] and at the Pallancata mine in southern Peru in September 2007.[7]

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.[8]

Operations

The company has mines in the following locations:[9]

Hochschild Mining owns 55.9% of Aclara Resources which seeks to mine rare-earth elements in Penco, Chile and in Brazil.[10] Aclara Resources is as of 2026 building a rare-earth separator plant in Louisiana in the United States to be supplied with the output from its future mines in Brazil and Chile.[10]

• Peru – Pallancata and Inmaculada mines
• Argentina – San José mine

External links

• Official site