Hochschild Mining Plc · LSE:HOC

Hochschild Mining — BMO Capital Markets 2007 Global Resources Conference

12 slides from Hochschild Mining's conference presentation, February 2007

  1. Slide 1: Hochschild Mining PLC

    Hochschild Mining PLC BMO Capital Markets 2007 Global Resources Conference February 2007

  2. Slide 2: Disclaimer

    Disclaimer Some statements contained in this presentation or in documents referred to in it are or may be forward-looking statements. Actual results may differ from those expressed in such statements, depending on a variety of factors. Past performance of the Company or its shares cannot be relied o

  3. Slide 3: A brief snapshot of Hochschild Mining

    A brief snapshot of Hochschild Mining „ Over 40 years experience in mining precious metals „ Listed on the London Stock Exchange in November 2006 „ Raised $515 million gross proceeds „ £3.80 per share up 9% since IPO „ Market capitalisation of £1.2 billion „ Three underground producing mines located

  4. Slide 4: Hochschild: A leading precious metals company

    Hochschild: A leading precious metals company Leading precious metals producer Low cash cost Significant growth producer opportunities (1st quartile) Responsibility towards Proven track employees, record of environment and production and community reserves Underground mining and LatAm expertise 3

  5. Slide 5: Our operations and growth opportunities

    Our operations and growth opportunities Country Exploration Offices Argentina Existing Ares mining Chile operations Arcata Mexico Selene Peru Advanced San José Development 50mm oz Ag eq Projects Pallancata target production Mina Moris Feasibility completed San Felipe Early stage development projects

  6. Slide 6: Supporting materials

    Supporting materials 1. Appendix 5

  7. Slide 7: Asset overview

    Asset overview Arcata Ares Selene Location District of Cayarani, department of Arequipa, Peru District of Orcopampa, department of Arequipa, Peru District of Cotanuse, department of Apurimac, Peru Ownership 100% 100% 100% Property size 47,000 hectares 22,700 hectares 19,500 hectares Production start

  8. Slide 8: A significant project pipeline

    A significant project pipeline Pallancata San José Mina Moris San Felipe 17km to the south-west of the Selene vein Province of Santa Cruz, Argentina Moris district in Chihuahua in prime Northern Sonora, Mexico Location system, Peru exploration ground along the Sierra Madre, Mexico JV 60% Hochschild

  9. Slide 9: Where we operate

    Where we operate Perú Mexico Argentina „ Dynamic economy with sustained „ 13th largest economy in the world „ Economic recovery underway growth (60 plus months) and solid by GDP „ 2005 GDP per capita the highest in economic indicators „ 2nd largest producer of silver Latin America „ Largest producer

  10. Slide 10: Positive silver fundamentals

    Positive silver fundamentals Demand Silver production by geography and breakdown 2005 „ Silver market in structural deficit since 1989 Total Mine supply „ Significant reduction in stocks Peru 15% „ Total demand of 869 million ounces in 2005 Primary „ 45% industrial demand Other 18% sources „ 33% jew

  11. Slide 11: Positive gold fundamentals

    Positive gold fundamentals Demand Gold price and trade weighted US$ exchange rate „ Jewellery represented 87% of demand in 2005 US$/oz US$ Gold US$ „ India is the world’s largest consumer of gold jewellery in volume terms whilst the US 700 115 is the largest market in terms of value 600 110 „ Other

  12. Slide 12: A high grade attributable reserve base (as at 30 June 2006)

    A high grade attributable reserve base (as at 30 June 2006)¹ Attributable Reserves & Resources Measured Indicated Inferred P&P Measured resources Indicated resources Inferred resources Reserves Ag Au P&P Ag eq resources Ag Au Ag eq resources Ag Au Ag eq resources Ag Au Ag eq Project (kt) (g/t) (g/t)

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