Canadian-based Sierra Metals has reported that its Yauricocha underground mine in Peru has reached a full capacity throughput rate of 3,600 tonnes per day since the beginning of the fourth quarter.
“Since receiving operating and environmental permits to develop and mine below the 1120 level at Yauricocha earlier in 2024, the team has done a terrific job developing this new zone, and just in seven months has been able to increase the throughput to 3,600 tpd. This was all done on-time, on-budget and most importantly safely,” said CEO Ernesto Balarezo.
“Yauricocha is now operating at full capacity, which is a 30% increase from throughput levels of December 2023. As I have previously stated, the increased capacity and corresponding lower operating costs is a game changer for the mine and for Sierra Metals.”
Source: Sierra Metals