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Hochschild third-quarter production down amid fall in gold output

By BFN News | 08:00 AM | Wednesday 23 October, 2019


Precious metals miner Hochschild reported a fall in production in the third quarter from the second, amid a fall in gold output. Third-quarter attributable production fell to 121,395 gold equivalent ounces from 123,959 gold equivalent ounces reported in the second quarter. Gold production fell to 81.37 koz from 84.18 koz in the second quarter, while silver production was up 5.28m ounces from 5.17m ounces. Both metals experienced a fall in sales in the quarter. The company said it was on track to deliver overall 2019 production target of 457,000 gold equivalent ounces (37m silver equivalent ounces). Story provided by StockMarketWire.com

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