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Hochschild profits shares hit by low silver price

shares are down nearly 5% on the day and profits were down 50% the year ending December 2012. 2012 was not kind to Hochschild as the miner's sales were also down 17% to $817 million. Hochschild blames the slide on a 10% drop in the price of silver. Production dipped 10% to 13.5 million ounces over the same time period, contributing to the profit decline. The company's shares are ...

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