Day: March 22, 2018

Sierra Metals Reports Fourth Quarter and Year-End 2017 Financial Results

During 2017, silver equivalent production increased by 26%, copper equivalent production decreased 1%, and zinc equivalent production decreased by 9% compared to 2016. During Q4 2017, silver equivalent production increased by 15%, copper equivalent production decreased 12%, and zinc equivalent production decreased by 8% compared to Q4 2016. The decrease in metal production was due to lower production in Mexico, partially offset by record throughput, which led to an increase in production, in Peru. The temporary decrease in metal production in Q4 2017 compared to Q4 2016 was primarily due to lower throughput, head grades, and recoveries at the Bolivar Mine, and decreases in throughput and recoveries at the Cusi Mine.

Excellon Reports 2017 Annual And Fourth Quarter Financial Results

“During 2017, we achieved dry mining conditions for the first time since the earliest days of Platosa,” stated Brendan Cahill, President and Chief Executive Officer. “The stage is now set to ramp production up to optimal levels and begin realizing Platosa’s full potential….”

First Mining Appoints Jeff Swinoga To Board And Announces Changes In Management

First Mining Gold Corp. announces the appointment of Jeff Swinoga to the Company’s Board of Directors and the departure of Patrick Donnelly as President of the Company. Effective immediately, Jeff Swinoga will assume the role of President and Chief Executive Officer, along with the former responsibilities of Mr. Donnelly.

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