Sierra Metals Inc. will release its Q1-2019 financial results on Monday May 13, 2019 after Market close. Senior Management will also host a webcast and conference call on Tuesday May 14, 2019 at 10:30am EDT. Details of the Conference Call and Webcast are as follows: Via Webcast: A live audio webcast of the meeting will be available on the [...]
Sierra Metals Inc. announces the filing of Sociedad Minera Corona S.A.’s unaudited Financial Statements and the Management Discussion and Analysis for the first quarter of 2019 . The Company holds an 81.8% interest in Corona. All amounts are presented in US dollars unless otherwise stated, and have not been adjusted for the 18.2 [...]
Sierra Metals Inc. announces that, in connection with its normal course issuer bid , which was previously announced on December 11, 2018, it has entered into an automatic share purchase plan with its designated broker. The Plan permits the Company’s designated broker, CIBC Capital Markets , to purchase common shares of the Company at times [...]
Sierra Metals Inc. is pleased to report first quarter 2019 production results featuring the highest level of quarterly throughput to date at its Cusi Mine in Mexico. 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. First [...]
Sierra Metals Inc. today announced the resolution of the strike action at the Company’s Yauricocha Mine in Peru that had been running since March 19, 2019, initiated by the Union of the Mine and Metallurgical Workers of Minera Corona. During the strike there were no material situations that took place and an agreement has been reached whereby [...]
Sierra Metals Inc. announces the appointment of Mr. Ricardo Arrarte to the Board of Directors who will fill the vacancy left by the resignation of Mr. Philip Renaud who is resigning to focus more of his time on other business ventures. These changes are effective immediately. Mr. Arrarte is a Director with an affiliate of the private equity firm [...]
Sierra Metals Inc. : This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190403005262/en/ Figure 1 - Geological map of the Bolivar Mine. Drill hole highlights include: Hole No. CuEq % Ag g/t Cu % Zn % Au g/t Width DB18B666 6.56 140 2.29 7.56 0.09 Over 4 meters DB18B669 2.42 15 1.32 0.02 1.16 [...]
Sierra Metals Inc. today reported revenue of $232.4 million and adjusted EBITDA of $89.8 million on throughput of 2,325,288 tonnes and metal production of 18.0 million silver equivalent ounces, 95.2 million copper equivalent pounds, and 215.1 million zinc equivalent pounds for the year ended December 31, 2018. During 2018, the annual consolidated [...]
Sierra Metals Inc. today announced that employees who are members of the Union of the Mine and Metallurgical Workers of Minera Corona, representing approximately 66% of the employees at the Company’s Yauricocha Mine in Peru, have initiated a strike action. The strike is in protest of contractor changes being made as part of regular operations [...]
Sierra Metals Inc. announces today that it has entered into a new six-year senior secured corporate credit facility with Banco de Credito del Peru that provides funding of up to US$100 million effective March 8, 2019. The Corporate Facility provides the Company with additional liquidity and will provide the financial flexibility to fund future [...]
Sierra Metals Inc. will release its Q4 and Year-End 2018 consolidated financial results on Thursday, March 28, 2019 after Market close. Senior Management will also host a webcast and conference call on Friday, March 29, 2019 at 10:30am ET. Details of the Conference Call and Webcast are as follows: Via Webcast: A live audio webcast of the meeting [...]
Sierra Metals Inc. is reporting 2019 cost, and capex guidance which follows the 2019 production guidance previously issued . Also, the company is close to finalizing a new credit facility which will replace the existing debt structure while providing additional liquidity. 2019 Cost Guidance A mine by mine breakdown of 2019 production guidance, cash [...]