Silvercorp Metals is pleased to announce its construction budget for the development of the El Domo Project. The Company is targeting bringing the Project into production by the end of 2026 at an estimated cost of $240.5 million, comparable to the $247.6 million estimate in the feasibility study published in 2021. As discussed in its January 7, 2025 Press Release, the Company has been building upon the 2021 Feasibility [...]
Silvercorp Metals reports production and sales figures for the fourth quarter and fiscal year ended March 31, 2025 and the production and cost guidance for the 2026 fiscal year ending March 31, 2026. Silvercorp expects to release its Fiscal 2025 audited financial results on Thursday, May 22, 2025, after market close. Q4 Fiscal 2025 Operational Highlights Revenue of approximately $75.1 million, an increase of 76% over the [...]
Silvercorp Metals reported its financial and operating results for the three months ended Dec 31, 2024. HIGHLIGHTS FOR Q3 FISCAL 2025 Mined 383,543 tonnes of ore, milled 361,810 tonnes of ore, and produced approximately 2,056 ounces of gold, 1.9 million ounces of silver, or approximately 2.1 million ounces of silver equivalent1, plus 17.1 million pounds of lead and 6.7 million pounds of zinc; Sold approximately 1,875 [...]
Silvercorp Metals reports production and sales figures for the third quarter of fiscal 2025 ended Dec 31, 2024. Silvercorp expects to release its Q3 Fiscal 2025 unaudited financial results on Tuesday, Feb 11, 2025, after market close. Q3 Fiscal 2025 Operational Results Record revenue of approximately $83.6 million, an increase of 43% over the same quarter last year; Ore mined of 383,543 tonnes, up 11% over Q3 Fiscal 2024 [...]
Silvercorp Metals reports the construction of tailings storage facility No. 3 and the new 1,500 tonne per day flotation production line at the Ying Mining District, Henan Province, China were completed in early Dec 2024, on time and under budget. Both facilities are now fully operating as designed, following a one-month commissioning period. The addition of the new flotation production line will enable the milling [...]
Silvercorp Metals, its Ecuadorian subsidiary Curimining, and Salazar Resources, are pleased to provide a progress report on the El Domo Project. The Companies are still targeting to bring the Project into production in the second half of 2026 and have recently awarded the earthworks contract to a large international mining contractor with over 10 years of experience working in Ecuador. Progress Report Since Silvercorp [...]
Silvercorp Metals is pleased to report assay results from its ongoing diamond drilling program at its LMW underground mine in the Ying Mining District located in Henan Province, China. LMW is one of seven underground mines at Ying, and the recent drilling focused on high-grade, low angle veins. Highlights include: High-angle Ag-Pb vein intercepts at the West Zone : Hole ZKX1613 intersected 2,705 grams per tonne silver [...]
Silvercorp Metals is pleased to report its plans to develop the Condor gold project. A preliminary economic assessment was completed on the Project1 by a previous operator, which outlined a high tonnage, low-grade, open pit gold project. The Project comprises a cluster of gold deposits in the Condor North area , with Camp and Los Cuyes contributing the majority of the known mineral resources. Each deposit is unique and [...]
Silvercorp Metals announced the closing of its previously announced private placement offering of US$150,000,000 aggregate principal amount of 4.75% convertible senior notes due 2029, which includes the exercise in full of the initial purchasers' option to purchase up to an additional US$20,000,000 aggregate principal amount of Notes. The Company intends to use the net proceeds from the Offering for the construction of [...]
Silvercorp Metals announced that it has priced its previously announced private placement offering of US$130,000,000 aggregate principal amount of 4.75% convertible senior notes due 2029. The Company also granted the initial purchasers of the Notes an option to purchase up to an additional US$20,000,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 20 days after the closing of the [...]
Silvercorp Metals announced that it has commenced a private placement offering of US$130,000,000 aggregate principal amount of convertible senior notes due 2029. The Company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US$20,000,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 20 days after the closing of the Offering. The Notes [...]
Silvercorp Metals and Salazar Resources are pleased to announce that on Nov 12, 2024, the Provincial Court of Bolivar, in the province of Ecuador where the El Domo project is located, dismissed the appeal filed by the plaintiffs in respect of the Curipamba - El Domo constitutional protective action, affirming the rights of the Company's Ecuadorian subsidiary, Curimining S.A., to continue construction of the Project [...]
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