HOCHSCHILD MINING HOLDINGS LIMITED

1. HOCHSCHILD MINING HOLDINGS LIMITED 2006-10-04 → present
2. HOCHSCHILD LIMITED 2006-06-13 → 2006-10-04
3. HACKREMCO (NO. 2371) LIMITED 2006-04-11 → 2006-06-13

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101 "Reduced Disclosure Framework"

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Considering the support available from the subsidiaries described above, the Directors have a reasonable expectation that the Company has adequate resources to meet continue in operation until 31 December 2026, being a period of at least 12 months from the approval date of these financial statements. Accordingly, the financial statements have been prepared on the going concern basis.”

Group structure

1. HOCHSCHILD MINING HOLDINGS LIMITED · parent
   1. Minera Hochschild México S.A. de C.V. 100% · Mexico · Exploration office
   2. Hochschild Mining (Argentina) Corporation S.A. 99.7% · Argentina · Holding company
   3. Hochschild Mining (Peru) S.A. 100% · Peru · Holding company
   4. Minera Hochschild Chile S.C.M. 100% · Chile · Exploration office
   5. Andina Minerals Chile SpA 0% · Chile · Exploration office
   6. Hochschild Mining (US) Inc. 100% · USA · Holding company
   7. Compañia Minera Ares S.A.C. 0% · Peru · Production of gold and silver
   8. MH Argentina S.A. 0.01% · Argentina · Exploration office
   9. Hochschild Mining Canada Corp. 100% · Canada · Exploration office
   10. Hochschild Mining Brazil Holdings Corp. 100% · Jersey · Holding company
   11. Tiernan Gold Corp. 100% · Canada · Holding company
   12. Minera Santa Cruz S.A. 51% · Argentina · Production of gold and silver
   13. Southwest Minerals (Yunnan) Inc. 100% · China · Exploration office
   14. Andina Minerals Chile SpA 100% · Chile · Exploration office
   15. Hochschild Mining Ares (UK) Limited 100% · England and Wales · Former sub-lessor of administrative office
   16. Southwest Mining Inc. 100% · Mauritius · Exploration office
   17. Southwest Minerals Inc. 100% · Mauritius · Exploration office
   18. Compañia Minera Arcata S.A.C. 99.1% · Peru · Production of gold and silver
   19. Empresa de Transmisión Aymaraes S.A.C. 100% · Peru · Power transmission
   20. Compañía Minera Crespo S.A.C. 100% · Peru · Exploration office
   21. Cuspide Copper S.A.C. 100% · Peru · Exploration office
   22. Compañía Minera Cerro Salto S.A.C. 100% · Peru · Exploration office
   23. Amarillo Mineracao do Brasil Ltda 100% · Brasil · Production of gold and silver
   24. Serra Alta Mineracao Ltda 100% · Brasil · Exploration office
   25. Serra Alta Participacoes Inmobiliarias S.A. 100% · Brasil · Exploration office

Significant events

• “On 23 December 2024, Aclara announced a US$25,000,000 private placement of common shares at C$0.7 (US$0.5) per share with new and existing strategic investors: New Hartsdale Capital Inc., CAP S.A. and the Group. The subscription price represents a 41% premium over the closing price of the Common Shares on the Toronto Stock Exchange ("TSX") on the last trading day prior to the date of the announcement of the Private Placement. The $25,000,000 private placement was completed on 20 February 2025, with $5,000,000 invested by the Group.”
• “During 2025, the Company received dividends from its subsidiary Hochschild Mining (Peru) S.A. amounting to US$154,662,000, mainly used to make capital contributions to its subsidiaries.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -90.8%

  £947,368 → £86,731

• Net assets

  +33.6%

  £687,320,237 → £918,573,758

• Employees

  —

  Not reported

• Operating profit

  +86.2%

  -£1,303,929 → -£179,392

• Profit before tax

  -8.7%

  £252,608,599 → £230,623,425

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers