The company currently anticipates Q2 2024 production to be between 55,000 and 60,000 gold ounces.

Claudia Sheinbaum is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador.

The company has been engaged in a years-long conflict with Mexico's government after officials ordered a halt to limestone quarrying at Vulcan's mining unit in 2022.

Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage.

Total consideration is $5.5 million cash, plus value-added tax.

The majority of Mexico’s raw aluminum imports come from Asian countries, with 42% of the total coming from China in February.

Until closure, Cobre Panama was responsible for approximately 5% of Panama's GDP.

The updated mineral reserves and resources confirm the long production history of both assets, Sierra's CEO said.