Hochschild Mining Plc on Wednesday raised its annual output target and forecast lower mining costs, as its Inmaculada mine in Peru produced higher grade ore.
The operation was put on hold in 2013 due to environmental issues, political opposition, labor unrest and development costs that ballooned to $8.5 billion.
Darren Blasutti, President and CEO of Americas Silver says interest in the sector is picking up and that his company’s recently announced acquisition of Pershing Gold is a good example of that.
Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.