N@N

Sierra Metals Reveals 2025 Production and Cost Guidance

Sierra Metals has announced its production and cost guidance for 2025, detailing expectations for its mining operations. The company anticipates an increase in copper production by 20% to 30% compared to 2024, aiming for 50 to 55 million pounds. Silver production is expected to rise by 10% to 15%, targeting 3.5 to 4.0 million ounces, while zinc production is projected to grow by 5% to 10%, with an output of 100 to 110 million pounds. Lead production is set to increase by 15% to 20%, aiming for 25 to 30 million pounds. Additionally, Sierra Metals expects a decrease in cash costs, with copper equivalent cash costs projected to be between $2.00 and $2.20 per pound, down from previous estimates. This guidance reflects the company's strategy to enhance operational efficiency and capitalize on favorable market conditions for base metals.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/sierra-metals-reveals-2025-production-and-cost-guidance/ar-AA1vkLrY ]