Sierra Metals Announces a Temporary 15-Day Suspension of Its Yauricocha Mining Operations in Accordance With the Government Declaration of a State of Emergency to Contain the Advancement o...
Sierra Metals Inc. (SMTS)
Last sierra metals inc. earnings: 11/13 05:15 pm
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Source: Business Wire
SIERRA METAL’S 2020 PRODUCTION GUIDANCE REMAINS UNCHANGED DUE TO ABOVE-BUDGET PRODUCTION YEAR-TO-DATE AND YAURICOCHA’S OPERATING CAPACITY FLEXIBILITY TORONTO--(BUSINESS WIRE)--Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or the “Company”) today announces that the Peruvian government has declared a state of emergency to contain the advancement of COVID-19, which restricts travel within the country and requires citizens to remain at home with the exception of grocery, banks and medical. As a result of this declaration, the Company has temporarily ceased mining operations at the Yauricocha Mine (the “Mine”) in Peru. The state of emergency took effect today and will last for the next 15 days. The Company continues to seek further clarity on the declaration and its impact on mining operations in Peru. Sierra Metals intends to resume normal production at the Mine when the government lifts state of emergency or sooner, if further flexibility to operate m
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