Hochschild Mining plc (HOC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Hochschild Mining's twenty twenty six Interim Results Presentation. Call. I would now like to hand the call over to Eduardo Landy, Hochschild Mining's CEO to begin. Please go ahead, sir. Good morning, everyone, and welcome to our presentation of our H1 results. Here with me is Eduardo Noriega, our CFO, and Charlie Gordon in London. Charlie, please, if we can go to page three. Okay, well, first, let me say that we have, on H1, the strongest ever half year is financials. We have produced 150,000 ounces, a little bit more. Revenues went up 62%, up to $844,000,000 Our adjusted EBITDA went up 119% to $492,000,000 The EPS went up 208% to $0.37 Our attributable all in sustaining cash cost was $2,448 per ounce gold equivalent. We end up with $3.00 $9,000,000 in cash and our net cash position is of $51,000,000 The dividend that we have established following our policy is $04 equivalent to $21,000,000 What do we have to do with the rest of the second half? Well, Mana Rosa reorganization is on track. We'll talk about it during this presentation. Rueirocata, the environmental permit was submitted to the Peruvian government at the date that we planned to do so. We continue working on Monte Carlo on engineering and the decision or the FID will be at the end of the year. We continue having strong ESG metrics, and we have also reviewed our all in sustaining cash cost for the end of the year, and the new range is between $2,380 to $2,500 per ounce. Basically, the reasons for this review is being FX in the different countries that we operate and also the price, the gold and silver price that affect directly to work profit sharing and royalties, for example. So I mean, the guidance stay in terms of production, stay as it was defined at the beginning of the year...