Sierra Metals Announces 13-day Extension to the Suspension of Its Yauricocha Mining Operations in Accordance With the Government Extension of Its Declaration of a State of Emergency to Con...
Sierra Metals Inc. (SMTS)
Last sierra metals inc. earnings: 11/13 05:15 pm
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Source: Business Wire
TORONTO--(BUSINESS WIRE)--Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or the “Company”) announced that the Peruvian government has extended the state of emergency by an additional 13 days to contain the advancement of COVID-19 virus. Non-essential businesses are required to be shut down and travel remains restricted within the country. As a result of this extension of the declaration, the Company will only maintain an essential services crew at site until April 12, 2020 at which time the Company anticipates resuming normal production levels at the Mine.Igor Gonzales, President, and CEO of Sierra Metals, commented, “A smaller workforce will be maintained to oversee critical aspects of the operation, with the primary goal of facilitating a quick and efficient ramp up back to normal levels once the regional situation improves and state of emergency is lifted. Our team continues to be focused on the health and safety of our workforce. The Company al
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