Sierra Metals Announces 2025 Production and Cost Guidance
Sierra Metals has released its 2025 production and cost guidance for its Yauricocha (Peru) and Bolivar (Mexico) underground mines. The company expects to operate at full capacity at both locations, with Yauricocha reaching full capacity levels enabling higher throughput rates. Production guidance for 2025 includes: 44,600-48,500 thousand pounds of copper, 53,600-58,400 thousand pounds of zinc, 1,900-2,060 thousand ounces of silver, 10,200-11,100 ounces of gold, and 13,700-15,000 thousand pounds of lead.
For cost guidance, Yauricocha's cash costs are projected at $2.42-$2.59/CuEq with AISC at $2.91-$3.11/CuEq, while Bolivar's cash costs are expected at $2.64-$2.77/CuEq with AISC at $3.45-$3.62/CuEq.
Sierra Metals ha pubblicato le sue previsioni di produzione e costi per il 2025 per le miniere sotterranee di Yauricocha (Perù) e Bolivar (Messico). L'azienda prevede di operare a piena capacità in entrambe le ubicazioni, con Yauricocha che raggiungerà livelli di capacità massima, consentendo tassi di produzione più elevati. Le previsioni di produzione per il 2025 includono: 44.600-48.500 mila libbre di rame, 53.600-58.400 mila libbre di zinco, 1.900-2.060 mila once d'argento, 10.200-11.100 once d'oro e 13.700-15.000 mila libbre di piombo.
Per quanto riguarda la guida ai costi, i costi in contante di Yauricocha sono previsti tra $2,42-$2,59/CuEq, con AISC tra $2,91-$3,11/CuEq, mentre i costi in contante di Bolivar sono attesi tra $2,64-$2,77/CuEq, con AISC tra $3,45-$3,62/CuEq.
Sierra Metals ha publicado sus pronósticos de producción y costos para 2025 para sus minas subterráneas de Yauricocha (Perú) y Bolivar (México). La compañía espera operar a plena capacidad en ambas localidades, con Yauricocha alcanzando niveles de capacidad máxima que permiten tasas de producción más altas. Las previsiones de producción para 2025 incluyen: 44,600-48,500 mil libras de cobre, 53,600-58,400 mil libras de zinc, 1,900-2,060 mil onzas de plata, 10,200-11,100 onzas de oro y 13,700-15,000 mil libras de plomo.
En cuanto a la guía de costos, se proyecta que los costos en efectivo de Yauricocha estarán entre $2.42-$2.59/CuEq, con AISC entre $2.91-$3.11/CuEq, mientras que los costos en efectivo de Bolivar se esperan entre $2.64-$2.77/CuEq, con AISC entre $3.45-$3.62/CuEq.
시에라 메탈스는 2025년 페루의 야우리코차와 멕시코의 볼리바르 지하 광산에 대한 생산 및 비용 가이드를 발표했습니다. 회사는 두 위치 모두에서 최대 용량으로 운영할 것으로 예상하고 있으며, 야우리코차는 최대 용량 수준에 도달하여 더 높은 처리 속도를 가능하게 합니다. 2025년 생산 예측에는 구리 44,600-48,500 천 파운드, 아연 53,600-58,400 천 파운드, 은 1,900-2,060 천 온스, 금 10,200-11,100 온스, 납 13,700-15,000 천 파운드가 포함됩니다.
비용 가이드는 야우리코차의 현금 비용이 $2.42-$2.59/CuEq로 예상되며, AISC는 $2.91-$3.11/CuEq입니다. 볼리바르의 현금 비용은 $2.64-$2.77/CuEq로 예상되며, AISC는 $3.45-$3.62/CuEq입니다.
Sierra Metals a publié ses prévisions de production et de coûts pour 2025 concernant ses mines souterraines de Yauricocha (Pérou) et Bolivar (Mexique). La société s'attend à fonctionner à pleine capacité sur les deux sites, Yauricocha atteignant des niveaux de capacité maximale permettant des débits plus élevés. Les prévisions de production pour 2025 incluent : 44 600 à 48 500 mille livres de cuivre, 53 600 à 58 400 mille livres de zinc, 1 900 à 2 060 mille onces d'argent, 10 200 à 11 100 onces d'or et 13 700 à 15 000 mille livres de plomb.
En ce qui concerne les estimations de coûts, les coûts en espèces de Yauricocha sont projetés entre $2,42 et $2,59/CuEq, avec AISC entre $2,91 et $3,11/CuEq, tandis que les coûts en espèces de Bolivar sont attendus entre $2,64 et $2,77/CuEq, avec AISC entre $3,45 et $3,62/CuEq.
Sierra Metals hat seine Produktions- und Kostenprognose für 2025 für die unterirdischen Minen Yauricocha (Peru) und Bolivar (Mexiko) veröffentlicht. Das Unternehmen erwartet, an beiden Standorten mit voller Kapazität zu arbeiten, wobei Yauricocha das volle Kapazitätsniveau erreichen wird, was höhere Durchsatzraten ermöglicht. Die Produktionsprognose für 2025 umfasst: 44.600-48.500 Tausend Pfund Kupfer, 53.600-58.400 Tausend Pfund Zink, 1.900-2.060 Tausend Unzen Silber, 10.200-11.100 Unzen Gold und 13.700-15.000 Tausend Pfund Blei.
Bezüglich der Kostenschätzungen werden die Barabgaben von Yauricocha auf $2.42-$2.59/CuEq geschätzt, während die AISC bei $2.91-$3.11/CuEq liegen. Für Bolivar werden die Barabgaben voraussichtlich zwischen $2.64-$2.77/CuEq liegen, mit AISC von $3.45-$3.62/CuEq.
- Yauricocha mine reaching full capacity with increased throughput rates
- Expected higher head grades at Yauricocha leading to stronger cost structure
- Bolivar mine initiatives to increase throughput rates
- Lower projected grades across all metals at Bolivar mine
- Higher AISC costs at Bolivar ($3.45-$3.62/CuEq) compared to Yauricocha ($2.91-$3.11/CuEq)
Ernesto Balarezo, CEO of Sierra Metals, comments, “We are very excited to have reached full capacity levels in Yauricocha, allowing us to operate at higher throughput rates. The latter is reflected in the increased metal production and stronger cost guidance. At Bolivar, we also expect to operate at full capacity throughout the year, despite lower projected grades due to our mining sequencing plan. Overall, looking ahead to 2025, we envision a year of full throughput at both operations, while we position our mines for sustainable long term value creation.”
At Yauricocha, we expect our production to come mostly from below level 1120, complemented by the recent discovery of a new high-grade zone in the upper part of the mine. A number of investments made in 2024 and planned during 2025 should increase throughput rates beyond the name plate capacity of 3,600 tonnes per day. The expected increase in production from higher head grades and higher throughput rates will allow the mine to have a stronger cost structure in 2025.
At Bolivar, we expect to successfully complete a series of initiatives to increase throughput rates, while we forecast lower grades across all metals, mainly driven by the mine sequencing schedule. In general, our expectations are for a steady copper and silver production in 2025. Given all of this, Bolivar should have a similar cost structure in 2025 as compared to 2024.
2025 Production Guidance
Consolidated |
|||
|
|
Low |
High |
Copper |
000 lbs |
44,600 |
48,500 |
Zinc |
000 lbs |
53,600 |
58,400 |
Silver |
000 oz |
1,900 |
2,060 |
Gold |
oz |
10,200 |
11,100 |
Lead |
000 lbs |
13,700 |
15,000 |
By mine:
Yauricocha |
|||
|
|
Low |
High |
Copper |
000 lbs |
19,500 |
21,100 |
Zinc |
000 lbs |
53,600 |
58,400 |
Silver |
000 oz |
1,220 |
1,320 |
Gold |
oz |
2,800 |
3,000 |
Lead |
000 lbs |
13,700 |
15,000 |
Bolivar |
|||
|
|
Low |
High |
Copper |
000 lbs |
25,100 |
27,400 |
Silver |
000 oz |
680 |
740 |
Gold |
oz |
7,400 |
8,100 |
2025 Cost Guidance |
|||||
|
|
Cash Costs (1) |
AISC (1) |
||
|
|
Low |
High |
Low |
High |
Yauricocha |
$/CuEq (2) |
|
|
|
|
Bolivar |
$/CuEq (2) |
|
|
|
|
Notes: |
|
(1) |
This is a non-IFRS performance measure, see the Non-IFRS Performance Measures section in the latest MD&A dated November 5, 2024. |
(2) |
Copper equivalent (CuEq) pounds were calculated using the following metal prices |
The Company will issue its 2024 production results in January 2025 and its full year financial results in March 2025.
About Sierra Metals
Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in
For further information regarding Sierra Metals, please visit www.sierrametals.com.
Forward-Looking Statements
This press release contains forward-looking information within the meaning of Canadian securities legislation. Forward-looking information relates to future events or the anticipated performance of Sierra and reflect management's expectations or beliefs regarding such future events and anticipated performance based on an assumed set of economic conditions and courses of action. In certain cases, statements that contain forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur" or "be achieved" or the negative of these words or comparable terminology. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual performance of Sierra to be materially different from any anticipated performance expressed or implied by such forward-looking information.
Forward-looking information is subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the risks described under the heading "Risk Factors" in the Company's annual information form dated March 15, 2024 for its fiscal year ended December 31, 2023 and other risks identified in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.
The risk factors referred to above are not an exhaustive list of the factors that may affect any of the Company's forward-looking information. Forward-looking information includes statements about the future and is inherently uncertain, and the Company's actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. The Company's statements containing forward-looking information are based on the beliefs, expectations, and opinions of management on the date the statements are made, and the Company does not assume any obligation to update such forward-looking information if circumstances or management's beliefs, expectations or opinions should change, other than as required by applicable law. For the reasons set forth above, one should not place undue reliance on forward-looking information.
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Investor Relations
Sierra Metals Inc.
+1 (866) 721-7437
info@sierrametals.com
Source: Sierra Metals Inc.
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