Hochschild Mining at Mining Forum Americas 2026: growth plan lifts output
On Monday, September 28, 2026, Hochschild Mining unveiled its ambitious growth plan at Mining Forum Americas 2026. The company aims to boost production to around 500,000 ounces of gold equivalent by 2028, a significant 60% increase from its current levels. This growth will be achieved through brownfield exploration, new projects, and strict capital control, without relying on external financing.
Hochschild Mining reported $309 million in cash and $51 million in net cash, enabling self-funded development and an interim dividend of $21 million. The company's flagship mine, Inmaculada in Peru, remains a key growth driver, while Mara Rosa in Brazil has reached nameplate capacity. Royopata in Peru, hailed as one of the world's best silver deposits, is also on track for final investment decision by the end of 2026.
Brownfield exploration is deemed the most efficient way to add ounces and extend mine life, with about $30 million annually committed to this endeavor. The company's financial position remains robust, allowing for growth alongside shareholder returns.
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