(MENAFN- Investor Ideas) Mining Stock News Bites - Bear Creek Mining Corporation (TSXV: BCM ) (OTCQX: BCEKF) (BVL: BCM) stock gained today on production news. The stock is trading at 0.3850, up 0.0350, gaining 10.0000%.
Bear Creek announced it produced 12,228 ounces of gold and 44,040 ounces of silver from the Mercedes Mine ("Mercedes") during the three months ended March 31, 2024 ("Q1 2024").
Eric Caba, President and CEO of Bear Creek, states, "I am very pleased that the progress made at Mercedes in the fourth quarter of 2023 has continued into 2024. Increasing the grade and reducing dilution has allowed us to reduce costs while maintaining the higher level of production. We are still working through a historical development deficit, but the efforts of the technical staff and management at Mercedes are bearing fruit. While some challenges continue to lie ahead, we are confident that Mercedes can ultimately fulfill its intended role within the Company."
Read the company's full news and disclaimer here:
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