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Sierra Metals Inc. (TSX: SMT), Toronto, polymetallic producer with mines in Peru and Mexico, reported a 27% increase in its net pro ts of Q1’18, compared to the same period in 2017.

It said that the increase is due to the better metal prices and the operational improvements program conducted in its three mining units: Yauricocha (Lima), Cusi and Bolivar (Mexico).

…and readies projects for its Yauricocha mine

It added that it will achieve greater ef ciency with the development of key projects such as the Yauricocha tunnel, expected for Q3’18, in addition to the shaft that will provide access to a substantial volume of resources and reserves