Bear Creek Mining (TSE:BCM) has released an update.
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Bear Creek Mining Corporation reported production of 12,228 ounces of gold and 44,040 ounces of silver in Q1 2024, alongside key financial restructuring with Sandstorm Gold Ltd, which included streamlining metal deliverables and amending a $22.5 million convertible debenture. Cost efficiencies were addressed, with cash costs per gold ounce sold at $1,183 and an all-in sustaining cost of $1,588. The period also saw the appointment of a new CFO and the final TSX Venture Exchange approval for the restructuring agreement.
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