10th Aug 2022 10:00
Hochschild Mining PLC - London-based gold and silver miner operating in the Americas - Granted key permit enabling the company to start the construction of the processing plan and mine pre-stripping at the Mara Rosa project. The permit also allows for the construction of all the required site infrastructure.
The Mara Rosa project is a gold mine located in the Brazilian state of Goias. The permission was granted by Goias state's environmental authority, the State Secretariat for the Environment and Sustainable Development.
"We are delighted to have received this permit which is an important milestone for the project. We can now continue development with first production on track for the first half of 2024," says Chief Executive Ignacio Bustamante.
Hochschild will publish its interim results on August 17.
Current stock price: 81.40 pence, down 0.1% in London
12-month change: down 45%
By Heather Rydings; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Hochschild