The San Felipe property is located 55 kilometres from the company's Mercedes mine in Sonora.
Hochschild Mining Mining News
The company said that any potential restart would be dependent on market conditions.
Hochschild Mining Plc expects production to grow slightly this year as it ramps up output at the Pablo vein at its Pallancata mine in Peru
Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.
The miner has set out changes to the chairman's role and, as part of its on-going cost cutting program, is further cutting board pay.
Increased output from its mines in Peru and Argentina also helped the company slash first-half interim loss.
Despite the economic and political issues affecting Argentina’s stability, the miner said it "has faith" in the country's potential.
Peruvian precious metals miner Hochschild (LON:HOC) is acquiring Canadian Andina Minerals (TSX-V:ASM), after the junior gold miner agreed late Thursday to a friendly takeover.
Over the past decade, mining investment in Latin America has more than doubled, even after experiencing a sharp drop in 2009. According to a report by the Metals Economic Group, Latin America is now the primary destination for mining exploration investment in the world, with 25% of total investment going to Chile, Peru, Brazil, Colombia, Mexico and Argentina.
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to provide a summary of the exploration results achieved during 2010 at the San José Mine. A total of 7.5 kilometers of new high-grade […]
Gekko Systems has announced that South American mining company, Minera Santa Cruz, has ordered five InLine Leach Reactors (ILRs) for its San José mining project in Santa Cruz province, Argentina. The order comprises Gekko Systems' […]