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Hochschild goes off piste with rare earths deal

Hochschild Mining, the Americas-focused gold and silver producer, has stepped out of its comfort zone with the acquisition of a rare earths deposit in Chile.

Hochschild goes off piste with rare earths deal Hochschild goes off piste with rare earths deal Hochschild goes off piste with rare earths deal Hochschild goes off piste with rare earths deal Hochschild goes off piste with rare earths deal

Hochschild's operations are focused on Latin America

The Peru-headquartered company said Wednesday it had paid US$56.3 million for 93.8% of the Biolantanidos ionic clay deposit, having previously paid $2.5m for the initial 6.2% stake.