Sierra Metals Inc. today provided an update on the status of its permit to operate below the 1120 level at its Yauricocha Mine in Peru. The Level 1120 permit that is currently being assessed by the National Service for Environmental Certification for Sustainable Investments in Peru is in the final stages of the procedure and a resolution is expected by the end of Q1 2024. All other Peruvian agencies involved in the [...]
Sierra Metals Inc. is pleased to provide the following letter to shareholders. Dear Fellow Shareholders, 2023 proved to be a pivotal year for Sierra Metals. With a new management team in place and armed with tremendous support from our Board of Directors, we developed and successfully implemented a strategy this year that not only stabilized all aspects of our business, but also put in place a foundation for long-term [...]
Sierra Metals Inc. is pleased to announce that it begins trading today on the OTCQX Market in the United States under the symbol "SMTSF." Ernesto Balarezo, CEO of Sierra Metals, commented, "Qualifying for the OTCQX Market is a milestone in our efforts to increase visibility and accessibility for our current and prospective U.S. and international shareholders. Sierra is well positioned for growth at its mines in Peru and [...]
Sierra Metals Inc. reports financial results for the three-month and nine-month period ended September 30, 2023 with total revenues of $57.0 million and Adjusted EBITDA of $8.1 million on throughput of 622,622 tonnes and metal production of 18.5 million copper equivalent pounds in Q3 2023. Ernesto Balarezo, CEO of Sierra Metals, commented, "We continued to make incremental improvements across our operations during 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 third quarter of 2023 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV -- Superintendencia del Mercado de Valores -- Información Financiera To search for [...]
Sierra Metals Inc. reports third quarter 2023 production results from its Yauricocha polymetallic mine in Peru and the Bolivar copper mine in Mexico. The Company's Q3 2023 results will be released on Monday, November 13, 2023 before the market open, with management hosting a conference call and webcast the same day at 11:00 AM EST. Click here to register. Ernesto Balarezo, CEO of Sierra Metals, commented, "During the [...]
TORONTO, Oct. 13, 2023 /CNW/ - Trading resumes in: Company: Sierra Metals Inc. TSX Symbol: SMT All Issues: Yes Resumption : 9:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on [...]
Sierra Metals Inc. is pleased to announce that it has closed a non-brokered private placement to issue 43,107,360 common shares of the Company at a price of $0.38 per common share for aggregate gross proceeds of $16,380,796.80, a portion of which has closed in escrow. As of October 13, 2023, the Company has received $12,837,133.40 in connection with the issuance of 33,781,930 Common Shares in the first tranche of the [...]
TORONTO, Oct. 13, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Sierra Metals Inc. TSX Symbol: SMT All Issues: Yes Reason: Pending News Halt Time : 8:57 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees [...]
Sierra Metals Inc. announced today that it has placed the Cusi silver mine in Mexico on care and maintenance and initiated a process to sell the mine. Ernesto Balarezo Valdez, Sierra Metals' CEO, stated, "Earlier this year, the Company deemed the Cusi silver mine a non-core asset and given current market conditions has made the difficult decision to put the mine on care and maintenance. In efforts to crystalize value for [...]
Sierra Metals Inc. is pleased to announce that it will be attending the 2023 Precious Metals Summit in Beaver Creek, Colorado from September 12 to 15, 2023 and Gold Forum Americas 2023 in Colorado Springs, Colorado from September 17 to 20, 2023. About Sierra Metals Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in [...]
Additional 15.5 million copper equivalent pounds confirmed in the Dulce ore body Sierra Metals Inc. after systematic drilling in 2023, is pleased to announce additional 15.5 million copper equivalent pounds in measured and indicated mineral resources hosted by the Dulce structure at its Bolivar mine in Mexico . Ernesto Balarezo Valdez, Sierra Metals' CEO commented: "We are very pleased with the increased mineral resource [...]