HOCHSCHILD MINING PLC (HOC) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the HOCHSCHILD MINING PLC Interim Results Investor Presentation. The company may not be in a position to answer every question received during the meeting itself. However, the company review all questions submitted today and publish responses where it is appropriate to do so. These will be available via your investor meeting company dashboard. Before we begin, we would like to submit the following poll. And as usual, your participation would be most grateful. And I'd now like to hand over to Ignacio Bustamante. Good afternoon, sir. You very much. Good afternoon. My name is Ignacio Bustamonte, CEO of HOCHSCHILD MINING, and with me is Eduardo Noriega, our CFO, and also Charlie Gordon from our London office, head of investor relations. So if we can please move to the first slide, Charlie. So HOCHSCHILD, we define ourselves as a growing gold producer in The Americas. We have other one gold and silver mines in Peru and Argentina. We have also a very important gold project in construction in Brazil, our Mararosa project. And we have several growth options across The Americas, being the most important ones, our SNP project in British Columbia and Canada and our Volcan project in Chile. As a reference, this year, the guidance that we have for the market is that we are going to be producing between 360,375 gold equivalent ounces with an all in sustaining cash cost of between $13.30 and $13.70. And our metal split is roughly 54% gold and 46% silver. So we're also a very important silver producer. Next slide, please. We just released this morning our financial results for the first half of the year, and the key highlights are revenues of about $348,000,000 EBITDA of $131,000,000 EPS of $01 per share, cash balance at $2.00 $4,...