Published: August 3, 2023 |

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Hochschild Mining on Wednesday said a long-awaited environmental approval for its Inmaculada Mine in southwest Peru has been awarded.

The London-based silver and gold miner has operations in North and South America, including as well in southern Argentina and in Brazil.

Peru’s National Service of Environmental Certification for Sustainable Investments has approved the modified environment impact assessment for Inmaculada for another 20 years.

“The MEIA is an important milestone for the company, paving the way for its flagship mine to generate significant additional value for all stakeholders over the next two decades,” Hochschild said.

The approval allows the development high-grade reserves and resources close to Inmaculada’s current operations, it said.

“This approval represents a significant achievement for Hochschild and the Peruvian mining industry and demonstrates the government’s commitment to confirming Peru’s position as an attractive mining friendly jurisdiction,” said Chief Executive Officer Ignacio Bustamante.

Source: Alliance News

Hochschild Mining a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100 percent interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru. It also holds a 51 percent interest in the San Jose silver/gold mine located in Argentina. In addition, the company has a portfolio of projects located across Peru, Argentina, Mexico, United States, Canada, Brazil, and Chile.

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