Sierra Metals Inc. reports that on March 31, 2020 the Mexican Federal Government announced a suspension of all non-essential activities in Mexico for 30 days to contain the advancement of COVID-19 virus. This suspension includes all mining activities from March 30th to April 30th, 2020. As a result of this declaration, the Company will only [...]
Sierra Metals Inc. has updated its Mineral Resource and Reserve Estimates at the Company?s Bolivar Mine, located in Chihuahua State, Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200331005262/en/ Exploration Drilling at Bolivar from Surface The updated Mineral Reserve and [...]
Sierra Metals Inc. today reported revenue of $229.0 million and adjusted EBITDA of $65.3 million on throughput of 2.7 million tonnes and metal production of 111.7 million copper equivalent pounds , for the year ended December 31, 2019. During 2019, the annual consolidated production of silver, copper, zinc, lead and gold increased 24%, 17%, 6%, 28 [...]
Sierra Metals Inc. announced that the Peruvian government has extended the state of emergency by an additional 13 days to contain the advancement of COVID-19 virus. Non-essential businesses are required to be shut down and travel remains restricted within the country. As a result of this extension of the declaration, the Company will only maintain [...]
Sierra Metals Inc. today announces that the Peruvian government has declared a state of emergency to contain the advancement of COVID-19, which restricts travel within the country and requires citizens to remain at home with the exception of grocery, banks and medical. As a result of this declaration, the Company has temporarily ceased mining [...]
Sierra Metals Inc. announces the filing of Sociedad Minera Corona S.A.’s audited Financial Statements and the Management Discussion and Analysis for the fourth quarter of 2019 . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200218005393/en/ Yauricocha Mine Peru The Company holds [...]
Sierra Metals Inc. announces the settlement of the outstanding litigation with Polo y Ron pertaining to mining concessions from the Company’s Bolivar Mine, including the mining concessions where mine operations and mineral reserve estimates are located. The accord was executed in The Second District Court in the state of Chihuahua, Mexico [...]
Sierra Metals Inc. has filed an independent technical report prepared in accordance with National Instrument 43-101 on the Yauricocha Mine in Peru. The Report dated January 17, 2020, with an effective date of October 31, 2019 is entitled "NI 43-101 Technical Report on Resources and Reserves, Yauricocha Mine, Yauyos Province, Peru”. The Report [...]
Sierra Metals Inc. is pleased to report fourth quarter 2019 and full year 2019 production results, as well as 2020 guidance for production, cost, EBITDA and capex. Results are from Sierra Metals’ three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, and the Bolivar copper and Cusi silver mines in Mexico. 2019 [...]
Sierra Metals Inc. today announces that, as a result of the Company entering into a new phase as a generator of free cash flow, it is now in a position to start returning capital to its shareholders. In this regard, the Company’s board of directors has approved a plan to return up to US$30 million to shareholders in the coming year. In [...]
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Sierra Metals Inc. has updated its Mineral Resource at the Company’s Bolivar Mine, located in Chihuahua State, Mexico. The updated Mineral Resource Estimate disclosed herein is the result of drilling programs completed between November 2017 and September 2019, as well as production data up to September 2019; this Mineral Resource update [...]
