Company Updates
Barton Gold Holdings Limited has announced its target to commence ‘Stage 1’ operations by 2026. The company projects a first quartile AISC cost profile for its initial operations.
Financial Performance
Sierra Metals Inc has reported an 85% increase in forecasted EBITDA for 2025. The company expects its operating cash flow to be sufficient to fund capital investment and debt repayment.
Mergers and Acquisitions
A subsidiary of Alpayana S.A. has made a hostile take-over bid against Sierra Metals Inc. The company’s Board of Directors recommends that shareholders reject this bid.
Key Details
- Barton Gold Holdings Limited: Targeting ‘Stage 1’ operations by 2026
- Sierra Metals Inc:
- 85% increase in forecasted EBITDA for 2025
- Expected operating cash flow sufficient to fund capital investment and debt repayment
- Hostile take-over bid by a subsidiary of Alpayana S.A.