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Hochschild resolves Pallancata dispute

23 January 2017 07:38

Hochschild Mining is set to resume operations at its Pallancata mine in Peru after resolving a dispute with the local community.

Operations were stopped last month due to a road blockade by community members.

Hochschild said the dispute had now been resolved and mining would resume on 25 January.

The company confirmed that, despite the stoppage, Pallancata's 2017 production forecast of 6m silver equivalent ounces and associated all-in sustaining cost guidance were not affected.

Story provided by StockMarketWire.com

Related Company: HOC

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