Sierra agrees to Alpayana’s sweetened takeover bid
Canada’s Sierra Metals (TSX: SMT) agreed in principle to be taken over by Alpayana after the Peruvian miner sweetened its offer for a second time, tentatively putting an end to…
Canada’s Sierra Metals (TSX: SMT) agreed in principle to be taken over by Alpayana after the Peruvian miner sweetened its offer for a second time, tentatively putting an end to…
Peru’s Alpayana said it’s prepared to let its revised bid for Sierra Metals (TSX: SMT; US-OTC: SMTSF; BVL: SMT) expire in two weeks after the Canadian miner urged shareholders to…
Peruvian miner Alpayana sweetened its hostile takeover bid for Sierra Metals (TSX: SMT) by 31% after the Canadian company rejected its initial salvo. The stock surged. Alpayana is now offering C$1.11 (US79¢)…
Sierra Metals (TSX: SMT) is targeting a 10-fold earnings increase this year compared with 2022 as it attracts potential “white knight” investors after rejecting a hostile takeover bid, its CEO…
Endeavour Silver (NYSE: EXK; TSX: EDR) is expanding its operations into Peru with the acquisition of the Kolpa mine in Huancavelica in a $145-million (C$207-million) cash and shares deal. The…
Alpayana SAC, a private Peruvian mining company, said Friday it would bypass Sierra Metals‘ (TSX: SMT) board and make a direct, all-cash offer of 85¢ per share to shareholders. The…
A Sierra Metals (TSX: SMT, US-OTC: SMTSF) update has converted between one-fourth and more than one-half of the resources at its Yauricocha and Bolivar underground polymetallic mines to reserves. Yauricocha,…
Sierra Metals‘ (TSX: SMT; NYSE-AM: SMTS) CEO Ernesto Balarezo says in a new video the company is on track this year to expand copper production and free cash flow as…
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80…
Dealing with financial difficulties, Sierra Metals (TSX: SMT) confirmed on Oct. 31 that it has received a letter of intent (LOI) from Compañia Minera Kolpa, a polymetallic mining company based…
Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in…
South America is home to rich deposits — not only of gold and silver, but of copper, zinc and lithium. Here are eight Canadian companies that are making the most…