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Output halted at Hochschild's Pallancata mine

15 December 2016 07:28

Production at Hochschild Mining's Pallancata mine in Peru has temporarily stopped due to a road blockade by members of a local community demanding the renegotiation of existing agreements for land easements.

Hochschild says that in keeping with the company's approach to active stakeholder engagement, discussions with relevant parties, which have been facilitated by the government, are ongoing. Despite the temporary stoppage at Pallancata, the company's production and cost guidance for 2016 are not affected.

Story provided by StockMarketWire.com

Related Company: HOC

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