Renoir Con­sult­ing and Uni­son Min­ing Con­sult­ing Begin Per­for­mance Improve­ment Pro­gramme for Bear Creek Mining

  1. Renoir Con­sult­ing part­ners with Uni­son Min­ing Con­sult­ing for 32-week per­for­mance improve­ment pro­gramme for Bear Creek Mining
  2. The pro­gramme will take place at Bear Creek’s Mer­cedes Gold Mine in Sono­ra, Mexico
  3. Uni­son will han­dle the programme’s design and Renoir will over­see its implementation

Mia­mi, Novem­ber 2, 2022 — Renoir Con­sult­ing (“Renoir”) will be part­ner­ing with Uni­son Min­ing Con­sult­ing (“Uni­son”) on a 32-week per­for­mance improve­ment pro­gramme for Bear Creek Min­ing Cor­po­ra­tion (“Bear Creek”) at its Mer­cedes gold mine in Sono­ra, Mex­i­co. The pro­gramme, sched­uled to be com­plet­ed in Jan­u­ary 2023, will cost US$2.15 million.

This per­for­mance improve­ment pro­gramme will be two-pronged; Uni­son will be tasked with its design, while Renoir will over­see its imple­men­ta­tion. The programme’s planned improve­ments are to reopen closed areas in the Mer­cedes mine and achieve pro­duc­tion rates of over 70,000 AU oz. (approx­i­mate­ly 2.177 met­ric tons) annu­al­ly while reduc­ing over­all costs.

“
I am excit­ed about the par­tic­i­pa­tion of Renoir and Uni­son at Mer­cedes. Their pre­vi­ous analy­sis of poten­tial improve­ments iden­ti­fied sev­er­al oppor­tu­ni­ties for pro­duc­tiv­i­ty improve­ments and cost reduc­tions at Mercedes.

Eric Caba, Pres­i­dent & COO, Bear Creek

Krish­na Pau­pamah, Founder and Group CEO of Renoir Con­sult­ing said: “For over two decades, we have suc­cess­ful­ly com­plet­ed many mine design and imple­men­ta­tion projects through­out the world. After com­plet­ing an oppor­tu­ni­ty review for Mer­cedes and under­stand­ing Bear Creek man­age­men­t’s vision and com­mit­ment, we see the huge poten­tial for improve­ment in Mer­cedes. Con­se­quent­ly, we are eager to not only imple­ment the Mer­cedes opti­miza­tion pro­gramme but to par­tic­i­pate as share­hold­ers in the growth and the ben­e­fits from this project and hope­ful­ly oth­ers in Bear Creek’s future.”

Eric Caba, Pres­i­dent and COO of Bear Creek added: “I am excit­ed about the par­tic­i­pa­tion of Renoir and Uni­son at Mer­cedes. Their pre­vi­ous analy­sis of poten­tial improve­ments iden­ti­fied sev­er­al oppor­tu­ni­ties for pro­duc­tiv­i­ty improve­ments and cost reduc­tions at Mer­cedes. We enthu­si­as­ti­cal­ly engaged them for this imple­men­ta­tion phase. Their exper­tise and expe­ri­ence will help improve the long-term per­for­mance of the mine.”

Accord­ing to Omar Mar­tinez Gar­cia, Tech­ni­cal Ser­vices Super­in­ten­dent at Bear Creek’s Mer­cedes Mine, this pro­gramme is already off to a pos­i­tive start. “This project has been of great help. It has pro­vid­ed us with man­age­ment tools that allow us to iden­ti­fy oppor­tu­ni­ties for improve­ment which today rep­re­sent win­ning ounces. Not only are we ful­fill­ing the com­mit­ted goals, we are also becom­ing a win­ning team.”

About Reynard Limited

Renoir Con­sult­ing is a glob­al man­age­ment con­sul­tan­cy with over 25 years of expe­ri­ence in deliv­er­ing excep­tion­al out­comes and sus­tain­able change. We cov­er an expan­sive list of indus­tries and busi­ness func­tions, with a foot­print in more than 50 coun­tries. We focus on peo­ple engage­ment across all lev­els and ensure that change objec­tives are ful­ly achieved and sus­tain­able. Our approach means that every engage­ment will receive the utmost lev­el of care and invest­ment in tal­ent, resources, and lead­er­ship attention.

About Uni­son Min­ing Consulting

Uni­son Min­ing Con­sult­ing focus­es on the glob­al min­ing land­scape, found­ed by a group of expe­ri­enced and skilled min­ing sub­ject mat­ter experts (SMEs), and sup­port­ed by Renoir Con­sult­ing. Set up at the begin­ning of the year, it already has engage­ments run­ning in Cen­tral Amer­i­ca, South Amer­i­ca, and Africa.

About Bear Creek Mining

Bear Creek Min­ing is a pre­cious met­als pro­duc­er with a world-class devel­op­ment asset. Its Corani silver-lead-zinc deposit in Puno, Peru is one of the largest ful­ly per­mit­ted sil­ver deposits in the world and is high­light­ed by its sub­stan­tial reserves and resources, over­whelm­ing com­mu­ni­ty sup­port, 15-year mine life, and low All-In-Sustaining Costs. Its Mer­cedes gold-silver mine in Sono­ra, Mex­i­co, acquired in April 2022, is a cash-flow gen­er­at­ing gold mine with a strong track record of reserve replace­ment and excit­ing blue sky explo­ration potential.

Let’s con­nect

Mor­gan Sommer

Chief Mar­ket­ing Offi­cer at Reynard Limited

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Email: [email protected]

Phone: +1213 949 0555

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www.renoirgroup.com/industries/mining

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