Sierra Metals Inc.
Sierra Metals Inc. is a mid-tier precious and base metals producer in Latin America offering a strong value proposition to investors due to:
- Historic Low Cash Cost Production of Base and Precious Metals.
- Solid Financial Position with High Liquidity and Strong Operating Cash Flows.
- Strong Production & Reserve Growth
- Diversified Production & Asset Base
- Strong Leadership
Through its wholly owned subsidiary, Dia Bras Peru S.A.C., Sierra Metals acquired 82% of Minera Corona, S.A. ("Corona") in May of 2011. Established in 1993, Corona is a Peruvian company engaged in the exploration, extraction, production and commercialization of copper, lead and zinc concentrates, with high silver and gold components at the Yauricocha Mine in Yauyos Province, Peru. In addition to the producing mine, the Yauricocha property is host to multiple near-mine and regional exploration targets. Sierra Metals´ current land position in Peru exceeds 50,000 hectares. Sierra Metals Inc. is a significant mineral property holder in Mexico with a land package of over 142,000 hectares. The Company's key assets in Mexico include the 100% owned Bolivar and Cusi mines located in southwest and central Chihuahua State, respectively. The Bolivar Mine is a low cost copper-zinc-silver producing asset that achieved commercial production in November 2011. The Cusi Mine is a silver-lead producing asset that achieved commercial production in January 2013. In addition to the producing Bolivar and Cusi mines, Sierra Metals plans to advance a number of its highly prospective exploration properties towards potential development and production.
bring costs further down, raise of cash flows and steady growth of resources and reserves on all mines
Data & Facts
|Shares outstanding:||161.9 Mio.|
|Fully Diluted:||163.8 Mio.|
|Head Office:||79 Wellington Street West, TD Tower South, Suite 2100, P.O. Box 157|
|Toronto, Ontario, M5K 1H1, Canada|
|Management:||Mark Brennan, President & CEO|
|Ed Guimaraes, Chief Financial Officer|
|Gordon Babcock, Chief Operating Officer|
|Carlos Villanueva, General Manager, Sociedad Minera Corona|
|Sergio Ramírez, General Manager, Dia Bras Mexicana|
|Alonso Lujan, Vice President Exploration|
|Mike McAllister, Vice President, Corporate Development|
News Sierra Metals Inc.
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