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Sierra Metals Reports Q1 2024 Production Results, Including Record Quarterly Copper Equivalent Production at Bolivar
Sierra Metals Inc. (TSX:SMT | OTCQX:SMTSF) (“Sierra Metals” or the “Company”) is pleased to announce first 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, “During the first quarter of 2024, the Bolivar mine achieved another record quarter, continuing its upward trend of quarterly increases in metal production. Meanwhile, we are very pleased to announce that after receipt of the permit to mine below the 1120 level on February 21, 2024, we have already initiated the development activities. We expect to reach full capacity at Yauricocha by Q4 2024, while continuing to manage every aspect of the mine to maximize production levels above the 1120 level. Additionally, I am happy to announce that we are on track to meet our annual guidance. Overall, for both operations, 2024 has gotten off to a good start with expectations of further operational improvements as the year progresses.”
www.wallstreet-online.de/nachricht/...t-production-at-bolivar
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