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Sierra's PEA points to 550% ROI at Bolivar

Sierra Metals (TSX: SMT) has released its latest report in a series designed to expand its three Latin American mines, this time a preliminary economic assessment pointing to a 550% return on investment at its Bolivar mine in Mexico.

Staff reporter
Sierra plans to expand its Bolivar copper mine

Sierra plans to expand its Bolivar copper mine

The PEA looked at increasing Bolivar's output by 67% to 5,000 tonnes per day to produce about 86,500 ounces of gold, 7Moz of silver and 114,500 tonnes of copper over 11 years. It put the life-of-mine...

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