Sierra Metals shares jump on takeover offer from Peruvian firm
Alpayana SAC, a private Peruvian mining company, said Friday it would bypass Sierra Metals‘ (TSX: SMT) board and make a direct, all-cash offer of 85¢ per share to shareholders. The…
sierra metals
Sierra Metals converts resources to reserves for Peru, Mexico mines
A Sierra Metals (TSX: SMT, US-OTC: SMTSF) update has converted between one-fourth and more than one-half of the resources at its Yauricocha and Bolivar underground polymetallic mines to reserves. Yauricocha,…
VIDEO: Sierra Metals CEO plans full Yauricocha copper ramp-up this year in Peru
Sierra Metals‘ (TSX: SMT; NYSE-AM: SMTS) CEO Ernesto Balarezo says in a new video the company is on track this year to expand copper production and free cash flow as…
TSX moves higher during Jan. 23-27 trading week
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80…
Sierra Metals receives merger proposal from Peru-based mining company
Dealing with financial difficulties, Sierra Metals (TSX: SMT) confirmed on Oct. 31 that it has received a letter of intent (LOI) from Compañia Minera Kolpa, a polymetallic mining company based…
Mexico Snapshot: Eight companies with Mexican projects to follow
Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in…
Snapshot: Eight companies at work in South America
South America is home to rich deposits — not only of gold and silver, but of copper, zinc and lithium. Here are eight Canadian companies that are making the most…
South America divided on coronavirus measures
South American countries have taken varying approaches to containing the spread of COVID-19, ranging from leaving it to states and cities to handle the virus to implementing aggressive lockdowns and…
Mexico mining suspension to hit silver supply
Mexico, the world’s largest silver producer, has become the latest country to enforce a suspension of non-essential activities in response to the outbreak of the coronavirus pandemic, after confirmed cases…
Sierra Metals executes turnaround plan
It’s not often that a mining company releases three preliminary economic assessments on three different mines in two months. But that’s what Sierra Metals (TSX: SMT; NYSE-AM: SMTS) accomplished in…
South America Snapshot: Lithium joins gold and silver as top targets
Higher commodity prices have a brought a fresh wave of exploration and pilot-stage mining to South America by Canadian-based juniors. While gold projects remain a favourite, silver and lithium are…
Sierra Metals sees exploration growth at its three underground mines
Sierra Metals (TSX: SMT) shares gained momentum after the company outlined its commitment to increase high-grade tonnage at its Yauricocha polymetallic mine in Peru, and Bolivar and Cusi mines in…