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Contractor|Efficiency|Gold|Mining|Services|Equipment
Contractor|Efficiency|Gold|Mining|Services|Equipment
contractor|efficiency|gold|mining|services|equipment

Bear Creek reports lower second-quarter output on the back of contractor underperformance

The Mercedes mine

Photo by Bear Creek Mining

17th July 2025

By: Creamer Media Reporter

     

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TSX-V-listed Bear Creek Mining Corporation's Mercedes mine, in Mexico, produced 7 973 oz of gold and 33 932 oz of silver in the quarter ended June 30, a decrease on the 8 262 oz of gold and the 36 466 oz of silver produced in the first quarter of the year.

The company says the lower second-quarter production reflects the continued underperformance by a mining contractor engaged in late 2024 primarily to provide specialised equipment, personnel and mining services at the narrow-vein Marianas deposit.

"After repeated attempts to resolve the contractor's underperformance, the company took decisive action and terminated the mining services agreement in May.

"The company is currently implementing a comprehensive recovery plan for Mercedes' 2025 production and is finalising the transition of mining activities at the Marianas deposit to a replacement contractor to support enhanced efficiency and continuity. The Marianas deposit is expected to contribute the majority of Mercedes' production in 2025," Bear Creek states.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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