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Hochschild reports 27 fatalities in transport accident in Peru

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(Kitco News) - Hochschild Mining reported Friday that a road accident occurred this morning involving a bus operated by one of the company's contractors which was carrying workers from the Pallancata operation to the city of Arequipa in southern Peru. It is with deep regret that 27 fatalities have been reported in addition to 13 injured.

CEO Ignacio Bustamante said, "We are all devastated by this news and we have already started a thorough investigation. However, our immediate priorities are to support those involved in the accident and their families and to work together with the relevant authorities."

Hochschild Mining is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) and crosstrades on the OTCQX Best Market in the U.S. (HCHDF), with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

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