Bear Creek Mining Corp - Mining Stock Analysis & Updates

Bear Creek Mining Reports 2024 Year End Financial and Operating Results

Bear Creek Mining Announces Closing of Debt Amendments

Bear Creek Mining Corporation has closed Amending Agreements with Equinox Gold and Sandstorm Gold to defer interest payments on existing debt from February to November 2025, extending the payment deadline to December 31, 2025, as part of a restructuring effort.

Bear Creek Mining Announces Retirement of Directors and Update of Debt Amendments and Credit Extension

Bear Creek Mining Corporation announces the retirement of directors Andrew Swarthout and Sandra Daycock. The company is progressing on Debt Amendments and a Credit Extension with Equinox Gold and Sandstorm Gold, pending approval from the TSX Venture Exchange.

Bear Creek Mining Files NI 43-101 Technical Report for Mercedes Mine

Bear Creek Mining Corporation filed a Technical Report on its Mercedes gold and silver mine in Mexico, supporting updated mineral resource estimates. The report, prepared by Global Resource Engineering, shows no discrepancies with a prior news release.

Bear Creek Mining Announces Closing of Brokered Private Placement

Bear Creek Mining Corporation has closed a bought deal private placement of 64.4 million shares at C$0.225 each, raising C$14.5 million. The deal was underwritten by BMO Capital Markets and Canaccord Genuity, with participation from Sandstorm Gold and Equinox Gold.

Bear Creek Mining Announces Q4 2024 and Full Year Mercedes Mine Production Results

Bear Creek Mining Corporation reported a decrease in gold and silver production from the Mercedes Mine in Q4 2024, producing 7,937 ounces of gold and 55,803 ounces of silver. The decline is attributed to transitioning mining methods, equipment delays, and ground condition issues.

Bear Creek Mining Updates Mineral Resources and Mineral Reserves for the Mercedes Mine

Bear Creek Mining Corporation has released updated mineral resource estimates for the Mercedes Mine in Mexico, showing decreased reserves and resources since 2021 due to depletion and increased costs. However, future exploration may uncover additional mineralization.

Bear Creek Mining Reports Q3 2024 Financial and Operating Results

Bear Creek Mining Corporation has reported its Q3 2024 financial results, revealing a gross profit of $5.9 million, an increase in gold and silver production, and for the first time since acquiring Mercedes, a profit after operating expenses. The company's Mercedes gold mine in Sonora, Mexico, produced 10,751 ounces of gold and 76,939 ounces of silver during this period. CEO Eric Caba attributes the positive results to ongoing efforts to improve efficiency and reduce costs, the strength of metal prices, and operational improvements at Mercedes. He anticipates further improvements in profitability in 2025.