Hochschild to invest $200m in Brazilian gold mine construction

Hochschild Mining plans to invest about $200-million in the construction of a gold mine in Brazil, a project it will launch in the second quarter of the year, CEO Ignacio Bustamante told Reuters on Wednesday.

The construction of the Mara Rosa mine, a project it acquired last year for $120-million, will be ready to start production in the first half of 2024, the executive said during a mining business forum in Lima.