Bear Creek Mining Corp. is pleased to report its interim consolidated financial and operating results for the quarter ended September 30, 2022 . Monetary amounts in this news release are in US dollars unless otherwise stated. The Company will host a conference call at 11:00 am Eastern time today, accessible via the call-in details below Comments [...]
Bear Creek Mining Corp. announces that, subject to TSX Venture Exchange approval, the Company will issue 361,648 common shares at a deemed price of $0.40 per share to Unison Mining Consulting Pte. Ltd. for work on the Mercedes Gold Mine operational improvement program completed as of October 28, 2022. Details regarding the ongoing Mercedes [...]
Now Amortized Over Two Years and Paid out of Mercedes' Cash Flow Bear Creek Mining Corp. announces that it has reached a Heads of Agreement with Equinox Gold Corp. to amortize over a two-year period the payment of the final $25 million purchase price installment for the Mercedes Gold Mine in Sonora, Mexico. Pursuant to the agreement to acquire [...]
Bear Creek Mining Corp. announces that an extension and waiver has been granted to the Company by Equinox Gold Corp. revising the due date of the US$ 25 million payment in respect of the Company's acquisition of the Mercedes Gold Mine in Sonora, Mexico. The Deferred Payment, originally due on October 21, 2022, is now due on or before October 26 [...]
Bear Creek Mining Corp. announces production results for the three months ended September 30, 2022 , representing the Company's first full quarter of production from the Mercedes Gold Mine in Sonora, Mexico. Production Highlights: 148,211 tonnes of ore processed during Q3 2022, representing an average of 1,611 tonnes per day 11,169 ounces of gold [...]
Bear Creek Mining Corp. announces that further to its news release of September 6, 2022, the Company has received TSX Venture Exchange approval for its shares for services agreement with Unison Mining Consulting Pte. Ltd. . For services completed by September 2, 2022 amounting to US$ 318,750, Bear Creek issued Unison 555,083 common shares in the [...]
Bear Creek Mining Corp. is pleased to announce that it has engaged Unison Mining Consulting Pte. Ltd. to design and Renoir Management Corporation to implement a 32-week performance improvement program at the Company's Mercedes gold mine in Sonora, Mexico. The program will cost US$ 2.15 M and will be completed in January 2023. The planned [...]
Bear Creek Mining Corp. is pleased to announce that it has entered into a promissory note with Auramet International LLC in connection with a one-year USD $5.0 million loan facility . Anthony Hawkshaw, Chief Executive Officer of Bear Creek states, "The proceeds of the Facility will provide Bear Creek with additional working capital that the Company [...]
Bear Creek Mining Corp. is pleased to report on mining and exploration activities since April 21, 2022 at its Mercedes Gold Mine , in Sonora Mexico. During its first two months under Bear Creek ownership, activities at Mercedes concentrated on implementing operating strategies to improve Mercedes' annual gold production and to initiate an [...]
Bear Creek Mining Corp. announces that further to its news release dated May 26, 2022 it has filed on SEDAR a technical report, as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, for the Mercedes gold mine located in Sonora, Mexico . The technical report dated July 4, 2022 and entitled "NI 43-101 Technical [...]
Bear Creek Mining Corp. announces that it has now closed its private placement financing originally announced on May 5 and May 17, 2022, and has successfully raised gross proceeds of CAD $3,542,160 through the issuance of 3,542,160 common shares at a price of CAD $1.00 per share. Directors and officers of the Company subscribed for 2,000,000 shares [...]
Bear Creek Mining Corp. is very pleased to announce the publication of its inaugural Environmental, Social and Governance report, which sets out the Company's ESG practices and performance for the year ended December 31, 2021. Anthony Hawkshaw, CEO, states "Bear Creek is committed to the principles of sustainability and best practices in corporate [...]