Hochschild Mining PLC said revenue rose 62% to $844.4 million in the six months ended June 30, driven by higher precious metals prices and improved operational performance.
Adjusted EBITDA surged 119% to $491.5 million, while profit before income tax more than tripled to $365.8 million. Basic earnings per share increased to $0.37 from $0.12 in the same period last year. The company held net cash of $51.1 million at quarter-end, compared with net debt of $20 million at the end of 2025.
The miner declared an interim dividend of 4 cents per share, or about $20.6 million, up from 1 cent per share in the first half of 2025. It also paid a final dividend for 2025 totaling $25.7 million and remitted $58.3 million to its San Jose joint venture partner.
Attributable production fell to 151,830 gold equivalent ounces from 165,176 ounces a year earlier. All-in sustaining costs rose to $2,448 per ounce from $1,873, reflecting higher royalties tied to stronger local currencies and cost inflation in Argentina. The company maintained its full-year production target of 300,000 to 328,000 ounces but raised its AISC guidance to a range of $2,380 to $2,500 per ounce, up from $2,157 to $2,320 previously.
Hochschild reported one fatality at its Inmaculada operation in June, the first since 2025.
