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BRIEF-Sierra Metals Reports Q1-2020 Financial Results For Its Sociedad Minera Corona Subsidiary In Peru

Published 2020-05-01, 07:01 a/m
SMT
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May 1 (Reuters) - Sierra Metals Inc SMT.TO :

* SIERRA METALS REPORTS Q1-2020 FINANCIAL RESULTS FOR ITS SOCIEDAD MINERA CORONA SUBSIDIARY IN PERU

* SIERRA METALS INC - YAURICOCHA MINE ACHIEVED 22% HIGHER THROUGHPUT IN Q1 2020

* SIERRA METALS INC - CORONA'S REVENUES OF US$33.7 MILLION IN QUARTER VERSUS. US$35.3 MILLION

* SIERRA METALS INC - CORONA'S CASH COST PER COPPER EQUIVALENT PAYABLE POUND LOWER BY 7% TO US$1.17 IN QUARTER

* SIERRA METALS INC - CORONA'S CASH COST PER ZINC EQUIVALENT PAYABLE POUND LOWER BY 20% TO US$0.43 IN QUARTER

* SIERRA METALS INC - CORONA'S AISC PER COPPER EQUIVALENT PAYABLE POUND HIGHER BY 13% TO US$2.24 IN QUARTER

* SIERRA METALS INC - CORONA'S AISC PER PER ZINC EQUIVALENT PAYABLE POUND LOWER BY 4% TO US$0.82 IN QUARTER

* SIERRA METALS INC - CONTINUE TO BE OPTIMISTIC THAT CO WILL STILL RECEIVE REQUIRED PERMITS TO INCREASE OUTPUT AT YAURICOCHA TO 3,600 TPD LEVEL IN 2020

* SIERRA METALS INC - CORONA'S TOTAL TONNES PROCESSED OF 285,225 IN QUARTER VERSUS. 233,814

* SIERRA METALS INC - QTRLY CORONA COPPER EQUIVALENT POUNDS PRODUCTION INCREASED 30% TO 20.1 MILLION POUNDS

* SIERRA METALS INC - QTRLY CORONA ZINC EQUIVALENT POUNDS PRODUCTION INCREASED 52% TO 54.6 MILLION POUNDS

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