BEAR CREEK MINING CORP - BCEKF STOCK NEWS

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Bear Creek Mining Corp (BCEKF) is a Vancouver-based company engaged in gold and silver mining operations. The company's flagship asset, the Mercedes Mine located in Sonora, Mexico, has shown remarkable progress in recent months. In Q1 2024, Bear Creek produced 12,228 ounces of gold and 44,040 ounces of silver, showcasing a substantial increase in gold grades compared to 2023. The company's President and CEO, Eric Caba, has expressed optimism about the ongoing development at Mercedes, highlighting significant improvements in grade and production efficiency. Recent debt and stream restructuring agreements with Sandstorm Gold Ltd. have further bolstered Bear Creek's financial standing, paving the way for sustained growth and value creation. With a focus on operational enhancements, exploration activities, and community support initiatives, Bear Creek Mining Corp continues to solidify its position in the mining industry.

09/13/2023 05:26 PM

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Bear Creek Mining Issues Amendment to Management Information Circular and Announces Short-Term US$1.3 Million Loan

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Bear Creek Mining provides update on convertible promissory note and closes demand loan

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09/11/2023 05:00 PM

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Bear Creek Mining Vice Chair, Tony Hawkshaw, Takes Medical Leave of Absence

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Bear Creek Mining Corporation announces that Mr. Anthony Hawkshaw has taken a medical leave of absence from the Board due to health challenges.

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09/01/2023 06:31 PM

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Bear Creek Mining Announces Director Retirement

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Bear Creek Mining Corporation announces retirement of Mr. Erfan Kazemi from the Company's board of directors.

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08/30/2023 08:00 AM

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Underground Drilling at Bear Creek's Mercedes Mine Returns High Grade Gold Intercepts

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Bear Creek Mining provides results from underground drilling at Mercedes gold mine in Mexico, with significant intercepts showing higher gold grades than currently defined resources. The results suggest potential for increased mining grades and exploration upside. Additional surface drilling planned in the coming months.

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08/29/2023 08:00 AM

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Bear Creek Mining Reports Q2 2023 Financial and Operating Results

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Bear Creek Mining reports Q2 2023 financial results, with a 23% reduction in mining costs per tonne of ore mined. However, lower than planned grades have negatively affected cash cost and AISC per ounce. The company's 2023 annual production guidance is being revised to 45,000 - 55,000 ounces gold production. Bear Creek has made improvements to its financial liquidity by restructuring debt and streaming obligations. The Mercedes Mine had no lost time incidents or reportable environmental incidents during Q2 2023. The Company expects mining costs per tonne of ore mined to fall by another $3 to $5 by the end of 2023. Exploration drilling in the Marianas workings has shown encouraging results, indicating strong potential for additional ore. The Company recorded a comprehensive net loss of $7.6 million for Q2 2023. The Company held cash and cash equivalents of $5.0 million on June 30, 2023. Bear Creek closed a non-brokered private placement financing for gross proceeds of approximately C$8.2 million.

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07/21/2023 04:30 PM

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Bear Creek Mining Announces Closing of C$8.2 Million Private Placement

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Bear Creek Mining Corporation has closed its non-brokered private placement financing, raising approximately C$8.2 million. The company plans to use the funds for exploration and production improvements at its Mercedes gold mine in Mexico.

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07/18/2023 08:30 AM

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Bear Creek Mining Announces Q2 2023 Mercedes Production Results

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Bear Creek Mining Corporation announces production and development results for Q2 2023. The company produced 9,199 ounces of gold and 39,841 ounces of silver from the Mercedes Mine. Delays in development work during Q1 2023 impacted operations, but changes in mining methods have already reduced costs by up to 20%. The increase in development meters by 30% and contributions from the higher-grade San Martin deposit set the company up for increased production and cash flow.

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07/05/2023 08:11 AM

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Bear Creek Mining Finalizes Agreement for Mercedes Mine Deferred Payment to Improve Its Balance Sheet and Yield Savings of US$6.6 Million over the Next Twelve Months

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06/26/2023 08:00 AM

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Bear Creek Grants Incentive Stock Options

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06/06/2023 08:24 AM

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Bear Creek Mining Announces Results of Annual General Meeting, Appointment of Officers and Publication of 2022 ESG Report

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FAQ

What is the current stock price of BEAR CREEK MINING (BCEKF)?

The current stock price of BEAR CREEK MINING (BCEKF) is $0.35 as of October 15, 2024.

What is the market cap of BEAR CREEK MINING (BCEKF)?

The market cap of BEAR CREEK MINING (BCEKF) is approximately 111.5M.

Where is Bear Creek Mining Corp headquartered?

Bear Creek Mining Corp is headquartered in Vancouver, British Columbia.

What is the primary focus of Bear Creek Mining Corp's operations?

Bear Creek Mining Corp is primarily focused on gold and silver mining, with its flagship asset, the Mercedes Mine located in Sonora, Mexico.

Who is the President and CEO of Bear Creek Mining Corp?

Eric Caba is the President and CEO of Bear Creek Mining Corp.

What were Bear Creek Mining Corp's production results in Q1 2024?

In Q1 2024, Bear Creek produced 12,228 ounces of gold and 44,040 ounces of silver from the Mercedes Mine.

What recent agreements has Bear Creek Mining Corp entered into?

Bear Creek Mining Corp recently completed debt and stream restructuring agreements with Sandstorm Gold Ltd.

What are some of the key milestones achieved by Bear Creek Mining Corp?

Bear Creek Mining Corp showcased improvements in gold grades, production efficiency, and financial standing, reflecting a positive outlook for future growth and value creation.

What are the future plans of Bear Creek Mining Corp?

Bear Creek Mining Corp plans to focus on operational enhancements, exploration activities, and community support initiatives to strengthen its position in the mining industry.