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 [...]
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 2018 . 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% non-controlling [...]
Sierra Metals Inc. reports that the Company's subsidiary in Peru has received approval from SENACE whom are the agency responsible for the evaluation of natural resources and production projects in Peru with respect to its recent Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the Yauricocha mine. Igor [...]
Continuing a 10-year track record of consolidated annual ore throughput growth Record quarterly ore throughput at both the Bolivar and Cusi Mines Sierra Metals Inc. is pleased to report fourth quarter 2018 and full year 2018 production results, as well as 2019 production guidance. 2019 cost and capital expenditure guidance will be provided in [...]
Ramp Up Initiated to Take Throughput to 3,600 TPD From 3,000 TPD Sierra Metals Inc. reports that the Company's expansion plans are on track at the Bolivar Mine in Mexico. In July 2018 we announced the results of a preliminary economic assessment at Bolivar to achieve a sustainable and staged increase in mine production and mill throughput from [...]
Sierra Metals Inc. is pleased to announce that its Board of Directors has approved a share repurchase program in the form of a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange and other Canadian marketplaces / alternative trading systems. Pursuant to the NCIB, the Company proposes to repurchase for [...]
20% AT BOLIVAR AND 100% Q1 2019 Sierra Metals Inc. reports that the Company's subsidiary in Peru has received a response from SENACE whom are the evaluator for natural resources and production projects in Peru with respect to its recent Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the Yauricocha [...]
