Hochschild Mining lifts production guidance, lowers costs in third quarter
17th Oct 2018 07:56
(Sharecast News) - Hochschild Mining issued its production report for the nine months ended 30 September on Wednesday, increasing its full-year guidance on production and decreasing its costs.
Read moreSector movers: Gold miners gleam and utilities remain solid amid sell-off
11th Oct 2018 12:49
(Sharecast News) - With most sectors in the red, those still dotted with green were standing out, led by the grocery, telecoms and paper sectors.
Read moreThursday broker round-up
16th Aug 2018 13:09
(Sharecast News) - Esure Group: UBS upgrades to neutral with a target price of 280p.
Read moreFTSE 250 movers: Mining shares gain as metal prices rise
6th Feb 2017 17:30
(ShareCast News) - The FTSE 250 closed the session down 0.19% to 18,377.37 points. Mining shares rallied, including Hoschchild Mining, Kaz Minerals and Centamin, as metal prices gained. Investors flocked to gold amid a politically motivated sell-off in equities. At 15:26 GMT, on Comex, gold was
Read moreHochschild suspends operations at Inmaculada after fatal accident
1st Feb 2017 08:09
(ShareCast News) - Hochschild Mining has suspended operations at its Inmaculada mine in southern Peru following a fatal accident involving two contractors on Tuesday. The company said an investigation is currently underway and all relevant authorities have been informed. It insisted it is committed
Read moreSector movers: Miners boosted by weaker dollar, strike threat
31st Jan 2017 16:30
(ShareCast News) - Shares of Industrial Metals and Mining firms led gains on Tuesday as a weaker dollar, supportive news-flow for crude oil and copper futures and low trading volumes in the latter lifted commodity prices. As of 1800 GMT, the US dollar spot index was fading 0.73% to 99.697 after US t
Read moreFTSE 250 movers: Miners climb while Nostrum Oil and Gas slips
27th Jan 2017 15:39
(ShareCast News) - The FTSE 250 index rose 0.26% to 18,190.37 in the late afternoon. The UK's largest food wholesale operator Booker Group gained as it reached an agreement to merge with supermarket giant Tesco. Under the terms of the merger, each Booker scheme shareholder would receive 0.861 new Te
Read moreSector movers: Cyclicals, banks jump, while precious metals miners retreat
25th Jan 2017 14:47
(ShareCast News) - Cyclicals led the advance, led by Automobile stocks such as GKN and construction outfits like CRH, both of which benefit from bets on an improving world economy, especially in the States. Banks were also higher, boosted by bumper full-year results from Spanish lender Santander, am
Read moreSector movers: Miners pace gains as dollar weakens on Trump
23rd Jan 2017 15:55
(ShareCast News) - Steelmakers and miners found an unexpected ally at the start of the week in the form of a weaker US dollar in the wake of what a fair bit of market commentary appeared to label as a rather protectionist Inauguration Day speech by US President Donald Trump. That drove a haven bid f
Read moreHochschild Mining to restart Pallancata mining on Wednesday
23rd Jan 2017 07:49
(ShareCast News) - Hochschild Mining has reached an agreement with a local community at its Pallancata mine in Peru to allow the silver and gold mine to reopen this week. Production at Pallancata has been on pause since November due to ongoing discussions with the local community On Monday, the
Read moreRBC Capital cuts Hochschild Mining target but eyes key March update
18th Jan 2017 12:33
(ShareCast News) - RBC Capital Markets cut its target price for Hochschild Mining shares on disappointment with the South America-focused precious metals miner's fourth quarter production numbers, but said March will see a key update. RBC, which maintained its 'outperform' rating, said the numbers w
Read moreWednesday broker round-up
18th Jan 2017 09:48
(ShareCast News) - Hochschild Mining: RBC Capital Markets reiterates Outperform with a target price of 290p. Pearson: Liberum reiterates Sell with a target price of 470p. IG Group: Barclays reiterates Overweight with a target price of 612p. British American Tobacco: Citi reiterates Buy with a targ
Read moreHochschild Mining beats fourth-quarter guidance despite minor slowdown
18th Jan 2017 08:37
(ShareCast News) - Hochschild Mining upped its production guidance for 2017 after the gold and silver miner unearthed more than it had predicted last year. Boosted by the first full year contribution from the flagship low cost Inmaculada mine as well as the strongest performance for six years from t
Read moreSector movers: Miners boosted by yuan strength
5th Jan 2017 15:35
(ShareCast News) - Miners and oil related companies were leading the pack north after China's currency rose for a second day, boosting prices for most commodities. As of 0720 GMT the onshore yuan was trading at 6.8120 against the US dollar and was up by 0.80% against the greenback, its best level si
Read moreFTSE 250 movers: Investors hail Rentokil divestment
16th Dec 2016 15:51
(ShareCast News) - London's second tier index was up by 0.22% or 39.52 points at 17,808.87. Shares in pest control specialist Rentokil were among the best performing issues, after the Camberley-based outfit agreed to a combination of its Workwear and Hygiene divisions with Germany's Haniel & Cie
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