Sierra Metals Inc. announces that, in connection with the press release dated March 13th 2023, it has finalized the definitive agreement with Banco de Credito del Peru and Banco Santander S.A. to refinance $18.75 million out of the $25.00 million principal debt repayment obligations that were originally due in 2023 under the Company's senior [...]
Sierra Metals Inc. today issues a statement in response to the news release issued by its shareholder Arias Resource Capital and its principal, Alberto Arias on May 15, 2023 and ARC's circular dated May 11, 2023 . Once again, the Company believes it has an obligation to its shareholders to correct false or misleading statements made by ARC. The ARC [...]
Sierra Metals Inc. today reported financial results for the three-month period ended March 31, 2023, including revenue of $58.5 million and adjusted EBITDA of $15.2 million on throughput of 577,284 tonnes and metal production of 18.0 million copper equivalent pounds. Ernesto Balarezo, Interim CEO of Sierra Metals, commented, "Our financial [...]
Sierra Metals Inc. today issues a statement in response to recent communications materials issued by its shareholder Arias Resource Capital , including a news release ARC issued on May 9, 2023 . The Company acknowledges that it has also seen the circular issued by ARC on May 12, 2023 and plans to consider the contents and respond in due course. The [...]
Sierra Metals Inc. announces the filing at the Lima Stock Exchange by its subsidiary, Sociedad Minera Corona S.A. of its unaudited Financial Statements and the Management's Discussion and Analysis for the first quarter of 2023 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV [...]
Slate to Oversee Turnaround and Restore Sierra Metals to its Former Track-Record of Prosperity and Value Creation Nomination comes from Sierra's largest shareholders as Sierra continues to underperform operationally, faces an unsolved financial crisis, and struggles to meet its debt obligations due to a significant drop in metals production [...]
Sierra Metals Inc. today issues a statement in response to the news release issued by its shareholder Arias Resource Capital on May 1, 2023 . The Company welcomes input from its shareholders and regularly engages in constructive conversations. The ARC Proposal was the first time ARC had communicated a desire to elect a new slate of directors at the [...]
Slate to Oversee Turnaround and Restore Sierra Metals to its Former Track-Record of Prosperity and Value Creation Nomination comes from Sierra's largest shareholders as Sierra continues to underperform operationally, faces an unsolved financial crisis, and struggles to meet its debt obligations due to a significant drop in metals production [...]
Sierra Metals Inc. is pleased to announce first quarter 2023 production results from its three underground mines in Latin America: the Yauricocha polymetallic mine in Peru, the copper-producing Bolivar mine and the silver-producing Cusi mine in Mexico. All metals prices are reported in U.S. dollars. Ernesto Balarezo, Interim CEO of Sierra Metals [...]
Sierra Metals Inc. announced today that the Company, Banco de Credito del Peru and Banco Santander S.A. are engaged in advanced discussions on terms to refinance $18,750,000 of the $25,000,000 principal debt repayment obligations that are due in 2023 under the Company's senior secured credit facility. All figures in this news release are stated in [...]
Sierra Metals Inc. announces the filing at the BVL by its subsidiary, Sociedad Minera Corona S.A. of its unaudited Financial Statements and the Management's Discussion and Analysis for the fourth quarter and full-year 2022. The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV [...]
Sierra Metals Inc. reports fourth quarter and full year 2022 production results. Results are from Sierra Metals' three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, the copper-producing Bolivar mine and the silver-producing Cusi mine in Mexico. This press release features multimedia. View the full release here [...]