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Sierra Metals Inc T.SMT

Alternate Symbol(s):  SMTSF

Sierra Metals Inc. is a Canada-based diversified mining company. The Company is focused on Green Metal exposure, including copper, zinc and lead production with precious metals in Peru and Mexico. It owns and operates three mines in commercial production: the Yauricocha Mine in Peru, the Bolivar and Cusi mines in Mexico. The Yauricocha, is an underground mine located in western central Peru in the Yauyos province, 12 kilometers (km) west of the Continental Divide. Yauricocha Mine covers an area of 18,778 hectares (ha) that straddle a 20 km strike length of the prolific Yauricocha fault. The Bolivar Mine consists of approximately 12 mining concessions and is a contiguous portion of approximately 15,217 ha Bolivar property land package within the municipality of Urique, in the Piedras Verdes mining district of Chihuahua State, Mexico. The Cusi Mine is located in Chihuahua State, Mexico, approximately 135 km from Chihuahua City that encompasses 73 concessions covering 11,665 ha.


TSX:SMT - Post by User

Post by tickerhiton May 01, 2020 7:11am
120 Views
Post# 30974907

BRIEF-Sierra Metals Reports Q1-2020 Financial Results For

BRIEF-Sierra Metals Reports Q1-2020 Financial Results For
 Its Sociedad Minera Corona Subsidiary In Peru
2020-05-01 07:01:30 AM ET (Reuters)
   
   

May 1 (Reuters) - Sierra Metals Inc:

* SIERRA METALS REPORTS Q1-2020 FINANCIAL RESULTS FOR ITS SOCIEDAD MINERA CORONA SUBSIDIARY IN PERU

* SIERRA METALS INC - YAURICOCHA MINE ACHIEVED 22% HIGHER THROUGHPUT IN Q1 2020

* SIERRA METALS INC - CORONA'S REVENUES OF US$33.7 MILLION IN QUARTER VERSUS. US$35.3 MILLION

* SIERRA METALS INC - CORONA'S CASH COST PER COPPER EQUIVALENT PAYABLE POUND LOWER BY 7% TO US$1.17 IN QUARTER

* SIERRA METALS INC - CORONA'S CASH COST PER ZINC EQUIVALENT PAYABLE POUND LOWER BY 20% TO US$0.43 IN QUARTER

* SIERRA METALS INC - CORONA'S AISC PER COPPER EQUIVALENT PAYABLE POUND HIGHER BY 13% TO US$2.24 IN QUARTER

* SIERRA METALS INC - CORONA'S AISC PER PER ZINC EQUIVALENT PAYABLE POUND LOWER BY 4% TO US$0.82 IN QUARTER

* SIERRA METALS INC - CONTINUE TO BE OPTIMISTIC THAT CO WILL STILL RECEIVE REQUIRED PERMITS TO INCREASE OUTPUT AT YAURICOCHA TO 3,600 TPD LEVEL IN 2020

* SIERRA METALS INC - COR ONA'S TOTAL TONNES PROCESSED OF 285,225 IN QUARTER VERSUS. 233,814

* SIERRA METALS INC - QTRLY CORONA COPPER EQUIVALENT POUNDS PRODUCTION INCREASED 30% TO 20.1 MILLION POUNDS

* SIERRA METALS INC - QTRLY CORONA ZINC EQUIVALENT POUNDS PRODUCTION INCREASED 52% TO 54.6 MILLION POUNDS Source text for Eikon: Further company coverage:


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