Luis Marchese, CEO of Sierra Metals, commented, “I am very pleased with the solid financial and production results achieved in the third quarter. We have continued to improve production rates at Bolivar and Cusi and continued to recover annual production tonnage lost at Yauricocha due to the COVID-19 pandemic.”
The price per BDR in the Secondary Offering is R$48.50.
“Because of our strong operating performance and higher prices, Hecla had record adjusted EBITDA, generated the most free cash flow in a decade and repaid our revolver in full. These accomplishments were achieved because of our workforces’ resiliency and our commitment to health and safety,” said Phillips S. Baker, Jr., President and CEO.
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