Sierra Metals Us (TSE:SMT) has released an update.
Sierra Metals Inc. has updated its mineral reserve and resource estimates for the Yauricocha and Bolivar mines, revealing considerable projected lifespans of up to 10 years with substantial measured, indicated, and inferred resources. The Yauricocha mine in Peru shows over 8 years of life with 10.4 million tonnes of resources, while the Bolivar mine in Mexico indicates a 10-year life with 18.4 million tonnes. This update underscores the company’s ability to maintain long-term production and growth prospects.
For further insights into TSE:SMT stock, check out TipRanks’ Stock Analysis page.