Hochschild Mining PLC said first-half revenue rose 62% to $844.4 million from $520.0 million a year earlier, driven by higher gold prices and operational performance.
Adjusted earnings before interest, taxes, depreciation and amortization climbed 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 of 2025.
Net cash totaled $51.1 million at June 30, compared with net debt of $20.0 million at year-end 2025, while cash, equivalents and short-term investments stood at $308.7 million. The company declared an interim dividend of 4.0 cents per share, or $20.6 million, up from 1.0 cent per share in the first half of 2025.
Production fell 8% to 151,830 gold equivalent ounces from 165,176 ounces a year earlier, while all-in sustaining costs rose to $2,448 per ounce from $1,873. The miner maintained its full-year production guidance of 300,000 to 328,000 gold equivalent ounces but lifted its attributable AISC target to $2,380 to $2,500 per ounce, citing higher royalties, stronger local currencies and cost inflation in Argentina.
Hochschild also paid a final 2025 dividend of $25.7 million to shareholders and remitted $58.3 million to its San Jose joint venture partner. The company reported one fatality at its Inmaculada operation in June, following zero fatalities in 2025.
