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Hochschild Mining annual profit slips on Covid-19 hit to production; ups dividend | 18 February 2021

18 February 2021 | 08:09am StockMarketWire.com - Precious metals miner Hochschild Mining reported a slump in annual profit as the impact of Covid-19 related stoppages in production weighed on performance. For the year ended, pre-tax profit fell to $62.9 million from $76.8 million year-on-year as revenue slipped to $621.8 million from $755.7 million. Full year attributable production was 289,293 gold equivalent ounces meeting the higher end of guidance between 280,000 and 290,000 gold equivale...
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FTSE edges lower as UK lockdown persists | 20 January 2021

20 January 2021 | 08:45am StockMarketWire.com - UK stocks edged lower in early trading on Wednesday as a soaring Covid-19 casehold stokes concerns that Britains third nationwide lockdown wont be ending any time soon, tempering US stimulus hopes. At 0825, the benchmark FTSE 100 index was down 5.22 points, or less than 0.1%, at 6,707.73. Home secretary Priti Patel warned the national lockdown has a long way to go before being lifted, in an interview with Sky News. In a busy morning for the mining...
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