Sierra Metals announces resolution of strike at Yauricocha Mine in Peru
Sierra Metals announced the resolution of the strike action at the company's Yauricocha Mine in Peru that had been running since March 19, 2019, initiated by the Union of the Mine and Metallurgical Workers of Minera Corona. During the strike there were no material situations that took place and an agreement has been reached whereby no contractors dismissed as part of the contractor change will be reinstated, which was the initial reason for the strike, the company said. Employees will arrive back the Camp of the Yauricocha Mine on Saturday April 13, 2019, and regular operations of the mine will begin on Sunday, April 14, 2019. Igor Gonzales, President, and CEO commented, "Management believes that lost production experienced during this strike action will not materially affect the Company's annual production guidance or mine budget."