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Sierra Metals Inc.: Sierra Metals Reports Q4-2020 Financial Results at Its Sociedad Minera Corona Subsidiary in Peru


Sierra Metals Inc.: Sierra Metals Reports Q4-2020 Financial Results at Its Sociedad Minera Corona Subsidiary in Peru
All metal prices and amounts reported in USD)
Sierra Metals Inc. (TSX:SMT, BVL:SMT, NYSE AMERICAN:SMTS) ( Sierra Metals or the Company ) announces the filing of Sociedad Minera Corona S.A. s ( Corona ) unaudited Financial Statements and the Management Discussion and Analysis ( MD&A ) for the fourth quarter of 2020 ( Q4 2020 ).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210216005467/en/
Train emerging from Yauricocha Tunnel loaded with ore (Photo: Business Wire)
The Company holds an 81.8% interest in Corona. All amounts are presented in US dollars unless otherwise stated and have not been adjusted for the 18.2% non-controlling interest. ....

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English court rules against Sierra Leone in SL Mining jurisdiction case


By Reuters Staff
2 Min Read
JOHANNESBURG (Reuters) - Britain’s High Court on Monday dismissed Sierra Leone’s challenge of a 2020 International Chamber of Commerce (ICC) decision over claims by SL Mining after a dispute over its iron ore mining operations in the country.
The miner, a subsidiary of U.S. commodity trader Gerald Group, filed for arbitration with the ICC in August 2019 and suspended its Marampa mine the following month.
Later that year, Sierra Leone cancelled the company’s mining licence, saying it had breached its contractual obligations. SL Mining denied the accusation.
Sierra Leone then challenged the ICC’s jurisdiction, arguing SL Mining should have waited three months from the July 14, 2019 notice of dispute before commencing arbitration proceedings. ....

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