Sierra Metals seeks consent to reopen Peru mine

TSX-listed Sierra Metals is seeking consent to reopen its Yauricocha mine, given its remote location and implementation of strict health protocols.

Peru has extended its state of emergency and a nationwide lockdown to fight the Covid-19 pandemic until June 30, but President Martin Vizcarra has said the latest extension will come with the reopening of certain economic activities.

Large openpit mines and a select number of underground mines in the country have already received permission to restart operations in phase one and phase two will see the second group of mining companies restart mining activities.