Sierra Metals Reports Q4 2023 Production, Meeting 2023 Guidance and Provides 2024 Production Guidance
As compared to Q3 2023, copper grades increased in Q4 2023, due to the mining in the copper-rich Esperanza and Fortuna zones.
- As compared to Q3 2023, copper grades increased in Q4 2023, due to the mining in the copper-rich Esperanza and Fortuna zones.
- Grades for lead, silver and zinc declined in Q4 2023 when compared to Q3 2023, due to the lower contribution in Q4 2023 from the Esparanza North zone and other small ore bodies.
- Copper equivalent production of 10.9 million for Q4 2023 was a 100% increase over Q4 2022.
- Annual copper equivalent production of 40.1 million pounds was in line with the 2023 production guidance, and represented a 2% increase when compared to 2022.