- MEIA approval granted post period-end
- Production costs increase through the half-year
The share price of Hochschild Mining (HOC) came under pressure after the precious metals miner lowered its full-year production and cost guidance. The market had already been aware that first-half production would be constrained by the delay in securing approval for the Inmaculada mine's Modified Environmental Impact Assessment (MEIA), a process that has also slowed development at the site, but Hochschild's shares were marked down anyway.