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 Resource Estimate disclosed herein follows the Mineral Resource update that was [...]
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% and 50% respectively. During Q4 2019, the Company achieved record [...]
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 an essential services crew at site until April 12, 2020 at which time the [...]
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 operations at the Yauricocha Mine in Peru. The state of emergency took effect [...]
Sierra Metals Inc. will release its Q4 and Year-End 2019 consolidated financial results on Monday, March 30, 2020 after Market close. Senior Management will also host a webcast and conference call on Tuesday, March 31, 2020 at 10:30am ET. Details of the Conference Call and Webcast are as follows: Via Webcast: A live audio webcast of the meeting will be available on the Company’s website [...]
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 an 81.8% interest in Corona. All amounts are presented in US dollars unless [...]
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. The declaration of the termination of litigation was issued by the Court on [...]
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 was prepared for Sierra Metals by SRK Consulting Inc. There are no [...]
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 Consolidated Production Highlights Silver production of 3.4 million ounces; a [...]
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 furtherance of this plan, Sierra Metals intends to launch a substantial issuer [...]
CALGARY, Canada – January 8, 2020 – SMART Technologies, a global leader in interactive education technology, announced that its latest lineup of solutions and services will be showcased to the public at the FETC on January 14-17, 2020 and Bett in London from January 22 – 25, 2020. As a leader in education technology for over 30 years, SMART’s legacy of innovation is again evolving with the latest [...]
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 includes 13,698 metres of infill drilling and 41,553 metres of exploration [...]