Sao Paulo, November 27, 2013 -- Moody's Investors Service, ("Moody's") assigned a Ba1 corporate family rating to Hochschild Mining plc. (Hochschild) and a Ba1 rating to its proposed senior unsecured notes of up to USD 350 million due in 2020/2023 to be issued by Compañía Minera Ares S.A.C., but fully and unconditionally guaranteed by Hochschild plc and its main subsidiaries. The outlook is stable. This is the first time Moody's has rated Hochschild.

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