Hochschild Mining plc is a United Kingdom-based precious metals company with a focus on the exploration, mining, processing and sale of silver and gold. The Company has five underground mines in production, four of which are located in southern Peru and the fifth in Argentina. The Company also has one open pit mine in Mexico. The Company’s project pipeline includes Azuca, Liam JV, Inmaculada, Encrucijada, Vaquillas project. Azuca is a 100% owned project located in southern Peru. In June 2009, the Company's subsidiary acquired 30% interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), the Mexican company from Exmin Resources Inc.