HOCHSCHILD MINING PLC
Listed on the London Stock Exchange, the business is a precious metals miner focused on the exploration, extraction, and sale of silver and gold from underground operations across the Americas.
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Cash
£161m
USD 216,854,000
+128.1% highest in 3 filed years
Net assets
£1.9bn
USD 2,564,037,000
+14.5% highest in 3 filed years
Employees
5,852
-2.3% vs 2024
Profit before tax
£277m
USD 372,824,000
+86.6% highest in 3 filed years
Watch the reel
Our short-form breakdown of HOCHSCHILD MINING PLC's latest filing
A golden year for Hochschild Mining as favourable commodity prices drive a 30% jump in turnover. ⛏️📊
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £515,582,311 | £704,344,853 | £898,978,075 | +27.6% | |
| Operating profit | £66,743,218 | £167,017,466 | £286,251,208 | +71.4% | |
| Profit before tax | £39,765,886 | £148,494,983 | £277,089,558 | +86.6% | |
| Net profit | — | £76,556,670 | £202,009,662 | +163.9% | |
| Cash | £66,240,059 | £70,659,978 | £161,169,825 | +128.1% | |
| Total assets less current liabilities | £819,580,825 | £1,888,093,645 | £2,124,008,919 | +12.5% | |
| Net assets | £511,768,116 | £1,664,011,148 | £1,905,638,796 | +14.5% | |
| Equity | £511,768,116 | £1,664,011,148 | £1,905,638,796 | +14.5% | |
| Average employees | 3,491 | 5,989 | 5,852 | -2.3% | |
| Wages | £69,786,696 | £122,697,882 | £126,406,540 | +3% | |
| Directors' remuneration | £1,334,820 | £2,099,591 | £2,140,468 | +1.9% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 12.9% | 23.7% | 31.8% | |
| Net margin | — | 10.9% | 22.5% | |
| Return on capital employed | 8.1% | 8.8% | 13.5% | |
| Gearing (liabilities / total assets) | 51.4% | 22.9% | 21.1% | |
| Current ratio | 0.82x | 1.14x | 1.28x | |
| Interest cover | 4.74x | 6.94x | 12.12x |
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.
Name history
Renamed 2 times since incorporation
- HOCHSCHILD MINING PLC 2006-10-17 → present
- HOCHSCHILD MINING LIMITED 2006-06-13 → 2006-10-17
- HACKREMCO (NO. 2372) LIMITED 2006-04-11 → 2006-06-13
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that there is a reasonable expectation that the Group will continue in operational existence for the period to 31 March 2027 which is at least 12 months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- HOCHSCHILD MINING PLC · parent
- Minera Santa Cruz S.A. 100%
- Minera Ares S.A.C. 100%
- Amarillo Minerals S.A.C. 100%
- Hochschild Mining Holdings Ltd 100%
Significant events
- “Mara Rosa had a challenging start to the year in 2025, including heavier-than-usual seasonal rainfall, contractor underperformance, an operational process review and tailing filter problems.”
- “In May, the Group also announced the appointment of a new Chief Operating Officer, Cassio Diedrich, to lead a company-wide operational reorganisation led by Eduardo Landin.”
- “In May 2025, we announced the acquisition of the Amarillo Gold project in Brazil, a strategic asset that aligns with our core strengths and long-term strategy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BHASIN, Rajish Dev | Secretary | 2007-10-01 | — | British |
| BORN, Jorge | Director | 2006-10-16 | May 1962 | Belgian,Argentine |
| GARDINER, Jill Veronica | Director | 2020-08-01 | Dec 1958 | Canadian |
| HOCHSCHILD, Eduardo | Director | 2006-06-28 | Dec 1963 | Peruvian |
| KERR, Tracey Louise | Director | 2021-12-10 | Jan 1965 | Australian,British |
| LANDIN NAVARRO, Eduardo | Director | 2023-08-26 | Jan 1970 | Spanish |
| PEARSON, Joanna Lynn | Director | 2023-10-01 | Jun 1974 | Canadian |
| SYLVESTRE, Michel | Director | 2022-05-26 | Oct 1955 | Canadian |
| WRAY, Andrew Michael | Director | 2025-06-12 | Oct 1963 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HACKWOOD SECRETARIES LIMITED | Corporate Nominee Secretary | 2006-04-11 | 2006-10-16 |
| PRISM COSEC LIMITED | Corporate Secretary | 2006-10-16 | 2007-10-01 |
| ARAMBURU, Miguel | Director | 2009-01-01 | 2010-04-01 |
| BEECK, Alberto | Director | 2006-06-28 | 2008-09-30 |
| BIRCH, Graham John, Dr | Director | 2011-07-01 | 2022-05-26 |
| BOMBIERI, Enrico Maria | Director | 2012-11-01 | 2018-01-01 |
| BUSTAMANTE ROMERO, Ignacio Jose | Director | 2010-04-01 | 2023-12-31 |
| DANINO, Roberto | Director | 2006-08-31 | 2017-05-11 |
| FIELD, Malcolm David, Sir | Director | 2006-10-16 | 2016-05-20 |
| HOCHSCHILD, Nicolas | Director | 2022-05-26 | 2023-06-09 |
| KAMERICK, Eileen Ann | Director | 2016-11-01 | 2023-06-09 |
| MOORE, Nigel Sandford Johnson | Director | 2006-10-16 | 2017-05-11 |
| PENNANT-REA, Rupert Lascelles | Director | 2011-09-01 | 2013-08-01 |
| RAWLINSON, Michael Ian | Director | 2016-01-01 | 2025-06-12 |
| ROMERO, Dionisio Fernando | Director | 2006-10-16 | 2012-05-23 |
| ROMERO PAOLETTI, Dionisio | Director | 2018-01-01 | 2022-05-26 |
| ROSADO GOMEZ DE LA TORRE, Juan Ignacio | Director | 2009-01-01 | 2010-05-31 |
| SARMA, Emani Sanjay | Director | 2017-01-01 | 2021-12-10 |
| VINTON, Alfred Merton | Director | 2009-08-01 | 2013-08-01 |
| HACKWOOD DIRECTORS LIMITED | Corporate Nominee Director | 2006-04-11 | 2006-06-28 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 171 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-13 RESOLUTIONS Resolution
- 2025-07-04 RESOLUTIONS Resolution
- 2024-06-26 RESOLUTIONS Resolution
- 2023-07-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-29 | AA | accounts | Accounts with accounts type group | |
| 2026-07-13 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-28 | AUD | auditors | Auditors resignation company | |
| 2026-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-03 | AA | accounts | Accounts with accounts type group | |
| 2025-06-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-29 | AA | accounts | Accounts with accounts type group | |
| 2024-06-26 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-04 | CH01 | officers | Change person director company with change date | |
| 2023-07-05 | RESOLUTIONS | resolution | Resolution | |
| 2023-07-04 | AA | accounts | Accounts with accounts type group | |
| 2023-06-14 | SH01 | capital | Capital allotment shares | |
| 2023-06-09 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.