Sierra Metals Inc. reports consolidated financial results for the three-month and six- month periods ending June 30, 2024. The information provided below are excerpts from the Company's Q2 2024 financial statements and Management's Discussion and Analysis , which are available on the Company's website and on SEDAR+ under the Company's profile. Consolidated results include results from the Company's Yauricocha Mine in Peru [...]
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 second quarter of 2024 . 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. is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp. . The Company sold the Cusi Mine for US$2.5 million in cash and a 2.0% net smelter royalty in respect of the Cusi Mine granted in favour of Sierra Metals 1. SMC has [...]
Sierra Metals Inc. reports second quarter 2024 production results from its two underground mines in Latin America: the Yauricocha polymetallic mine in Peru and the copper-producing Bolivar mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, commented, "Production in the second quarter of 2024 met our annual projections. At Bolivar, we planned for maintenance downtime in the plant and sequenced mining activities in a [...]
Sierra Metals Inc. is pleased to announce the appointment of Jean Pierre Fort to the position of Chief Financial Officer, effective July 1, 2024. Mr. Fort will succeed Jose Fernandez-Baca who is retiring from the Company effective June 30, 2024. Ernesto Balarezo, CEO of Sierra Metals, commented, "We are delighted to welcome Jean Pierre to the executive management team at Sierra Metals. Jean Pierre brings senior financial [...]
Sierra Metals Inc. announces, as at June 28, 2024, the Company's common shares will begin trading on the Bolsa de Valores de Lima under the symbol of BVL:SMT. Mr. Ernesto Balarezo, CEO of Sierra Metals, comments, "We are pleased to list our common shares on the Lima Stock Exchange allowing Sierra Metals to increase its investor exposure and liquidity potential by accessing the Nuam Exchange that is an agreement among the [...]
Sierra Metals Inc. is pleased to announce that, following its annual general meeting of shareholders held on Tuesday, June 25, 2024 , Miguel Aramburu has been appointed as Chair of the Board of Directors of the Company . Mr. Aramburu has 35 years of professional experience with 29 years related to the mining sector and joined the Board in June 2022. The Company also provides the detailed voting results from the Meeting [...]
Sierra Metals Inc. hereby announces the voting results from its annual general meeting of shareholders held on Tuesday, June 25, 2024. A total of 158,972,647 common shares were represented at the Meeting, being 75.66% of the Company's issued and outstanding shares. Shareholders voted in favour of the reappointment of PricewaterhouseCoopers LLP as auditors for the ensuing year and the election of Miguel Aramburu, Ernesto [...]
Sierra Metals Inc. is pleased to announce that it has filed technical reports prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in respect of its previously announced updated Mineral Resource and Reserve Estimates for each of the Yauricocha Mine in Peru and the Bolivar Mine in Mexico. The Company has filed a report entitled "Technical Report on the Yauricocha Mine" dated [...]
Sierra Metals Inc. is pleased to announce that it has filed its management information circular in connection with the Company's upcoming annual meeting of shareholders . The Meeting will be held on Tuesday, June 25, 2024 at 10:00 a.m. Eastern Time . The Meeting is a virtual only meeting and can be accessed via live audio webcast online at: https://web.lumiagm.com/242040275. The Circular contains important information [...]
Sierra Metals Inc. is pleased to report the refinancing of its $75 million long-term debt facility and the entering into a new $95 million facility with new covenants, payment terms, and a 5-year term . Ernesto Balarezo, Sierra Metals' CEO, comments, "The repayment of our long-term debt is a major milestone for Sierra Metals. The upsized amount, covenant relief, payment flexibility, and extended maturity date will provide [...]
Sierra Metals Inc. is pleased to announce that the Company has entered into a binding agreement with Silverco Mining Corp. in respect of the proposed purchase by SMC of the mining concessions comprising the Cusi Mine located in Chihuahua State, Mexico , and related assets including, among other things, land and land agreements, equipment and environmental permits . In accordance with the terms of the Agreement, the [...]
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