Silvercorp Metals Inc. is pleased to report assay results from its ongoing drilling program at the LMW mine within the Ying Mining District in China. From October 1, 2021 to September 30, 2022, a total of 56,803 metres in 416 diamond drill holes, including 372 underground holes and 44 surface holes, were completed at the LMW mine. Assay results for 378 holes have been received and selected results are presented in Table 1 [...]
Trading Symbol Silvercorp Metals Inc. is pleased to report that all matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated August 15, 2022, were approved by the requisite majority of votes cast at Silvercorp's annual general meeting held today. A total of 101,907,093 common shares, representing 57.58% of the votes attached to all outstanding shares [...]
Silvercorp Metals Inc. is pleased to report the results of an updated National Instrument 43-101 Technical Report on Mineral Resources and Mineral Reserves for the Ying Property, prepared by AMC Mining Consultants Ltd.. The Ying 2022 Technical Report covers all the mines in the Ying Property in Henan Province, China, namely the and DCG underground mines. Six of the seven authors of the Ying 2022 Technical Report qualify [...]
Silvercorp Metals is pleased to announce the publishing of its annual Sustainability Report for Fiscal 2022, detailing the Company's commitment and contributions to environmental, social, and governance factors, practices, and management, while delivering long-term value to shareholders. "At Silvercorp, we believe that sustainability is one of our fundamental responsibilities," said Dr. Rui Feng, Chairman and CEO of [...]
Silvercorp Metals Inc. is pleased to announce a normal course issuer bid commencing August 29, 2022, to acquire up to 7,079,407 of its own common shares, representing approximately 4% the 176,985,184 common shares issued and outstanding as of August 16, 2022. The repurchase program will expire August 28, 2023. Silvercorp feels that the Company's shares are currently undervalued by the market, and if such undervaluation [...]
Silvercorp Metals Inc. reported its financial and operating results for the three months ended June 30, 2022. HIGHLIGHTS FOR Q1 FISCAL 2023 Mined 300,104 tonnes of ore and milled 298,176 tonnes of ore, up 30% and 23% compared to the prior year quarter; Sold approximately 1.9 million ounces of silver, 1,100 ounces of gold, 19.1 million pounds of lead, and 6.9 million pounds of zinc, representing increases of 17%, 10%, and [...]
Silvercorp Metals Inc. reports production and sales figures for the first quarter of fiscal year 2023 ended June 30, 2022. The Company expects to release its Q1 Fiscal 2023 unaudited financial results on Thursday, August 11, 2022 after market close. In Q1 Fiscal 2023, the Company produced and sold approximately 1.9 million ounces of silver, 1,100 ounces of gold, 19.1 million pounds of lead, and 6.9 million pounds of zinc [...]
Silvercorp Metals Inc. is pleased to announce that its Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all shareholders of record at the close of business on June 6, 2022, with a payment date of the dividend scheduled on or before June 24, 2022. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at the [...]
Silvercorp Metals Inc. reported its financial and operating results for the fourth quarter and twelve months ended March 31, 2022. All amounts are expressed in US Dollars, and figures may not add due to rounding. FISCAL YEAR 2022 HIGHLIGHTS Mined 996,280 tonnes of ore and milled 1,002,335 tonnes of ore, up 3% and 4% compared to the prior year. Sold approximately 6.3 million ounces of silver, 3,400 ounces of gold, 63.6 [...]
Silvercorp Metals Inc. reports production and sales figures for the fiscal year 2022 ended March 31, 2022. The Company expects to release its Fiscal 2022 audited financial results on Thursday, May 26, 2022 after market close. In Fiscal 2022, the Company produced approximately 6.1 million ounces of silver, 3,400 ounces of gold, 64.4 million pounds of lead, and 26.8 million pounds of zinc, slightly below the guidance of 6.3 [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Monday, March 21, 2022: S&P/TSX 60 INDEX - March 21, 2022 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Intact Financial Corporation Financials Property & Casualty Insurance DELETED Canopy Growth Corporation Health Care Pharmaceuticals S&P/TSX [...]
Silvercorp Metals provides updates on the construction plan and progress on its new 3,000 tonne per day flotation mill and tailings storage facility at the Ying Mining District, China. The plan and the required regulatory approval process to build the New Mill and the TSF were announced on November 16, 2021. Currently, the Company has made progress in the following areas: i) agreements to lease 123.46 hectares of land [...]
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