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Bear Creek Mining ( (TSE:BCM) ) has issued an announcement.
Bear Creek Mining reported a decrease in production from its Mercedes Mine in Q4 2024, attributed to the transition from bulk mining at the San Martin deposit to narrow vein mining at other sites within the operation. The transition involved extensive development work and the acquisition of specialized equipment, which faced delays. Despite lower-than-expected production figures, Bear Creek is optimistic about recovering in 2025 through improved operational efficiency and a planned aggressive exploration program targeting new brownfield sites.
More about Bear Creek Mining
Bear Creek Mining Corporation is a company engaged in the mining industry, primarily focusing on the extraction and production of gold and silver. The company operates the Mercedes Mine, which is a significant source of its mineral output.
YTD Price Performance: -2.22%
Average Trading Volume: 125,234
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $61.31M
For a thorough assessment of BCM stock, go to TipRanks’ Stock Analysis page.