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Silvercorp Metals Inc. (SVM) maintains this comprehensive news hub for investors tracking its mining operations and market position. Access official press releases and curated updates covering operational milestones, financial results, and strategic developments in precious metals production.
This resource provides timely insights into Silvercorp's core activities, including quarterly earnings, mineral exploration progress, and operational efficiency initiatives. Users will find updates on key projects in China, Mexico, and Ecuador, along with technical compliance achievements and resource expansion efforts.
The page aggregates critical information types: financial disclosures, production updates, exploration results, and corporate governance announcements. All content undergoes verification to ensure alignment with NI 43-101 standards and transparent reporting practices.
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Silvercorp Metals (TSX/NYSE: SVM) has announced its construction budget for the El Domo Project development, targeting production by end of 2026. The total estimated cost is $240.5 million, slightly lower than the 2021 feasibility study estimate of $247.6 million.
The project is divided into five bid packages: (1) Site preparation/Roads/TSF ($47.5M), (2) Open Pit Mining ($39.0M), (3) Processing Plant Construction ($33.0M), (4) Power line construction, and (5) Diesel generators. CRCC 14 Bureau Group was awarded Package #1 in January 2025.
The construction plan includes stripping 5.4 million cubic metres of sediments and waste rocks, with 3.5 million cubic metres of NAG waste rock for dam construction. The processing plant construction and equipment installation is expected to complete by November 2026, with commissioning in December 2026.
Silvercorp Metals (SVM) reports Q4 Fiscal 2025 and full-year operational results, along with Fiscal 2026 guidance. Q4 highlights include revenue of $75.1 million (up 76% YoY) and silver production of 1.6 million ounces (up 42% YoY).
Fiscal 2025 achieved record revenue of $298.9 million (up 39%) and record silver production of 6.9 million ounces (up 12%). For Fiscal 2026, the company expects to process 1.33-1.37 million tonnes of ore, projecting production of 8,100-9,000 oz gold, 7.38-7.6 million oz silver, 65.2-66.9 million lbs lead, and 29.3-30.3 million lbs zinc.
Capital expenditure guidance for China operations in Fiscal 2026 totals $86.6 million, with $73.4 million allocated to the Ying Mining District, $9.3 million to the GC Mine, and $3.9 million to the Kuanping Project.
Silvercorp Metals (SVM) reported strong Q3 Fiscal 2025 financial results with adjusted net income of $22.0 million ($0.10 per share) and operating cash flow of $44.8 million. Revenue increased 43% to $83.6 million, driven by higher metal prices and increased production.
The company produced approximately 2,056 ounces of gold, 1.9 million ounces of silver, 17.1 million pounds of lead, and 6.7 million pounds of zinc. Cash cost per silver ounce was negative $1.88, while all-in sustaining cost was $12.75 per ounce.
The company ended the quarter with a strong financial position, holding $354.6 million in cash and investments, up 92% from March 2024. Notable operational achievements include completion of Phase 1 TSF and mill expansion at Ying Mining District, and progress on the El Domo Project construction.
Silvercorp Metals (SVM) reported Q3 Fiscal 2025 operational results, achieving record revenue of $83.6 million, up 43% year-over-year. The company saw significant increases in production metrics, with ore mined up 11% to 383,543 tonnes and ore milled up 16% to 361,810 tonnes.
Silver production reached 1.9 million ounces, a 16% increase, while lead production grew 2% to 17.1 million pounds. Zinc production decreased 10% to 6.7 million pounds. The Ying Mining District showed strong performance with production increases across all metals, while the GC Mine experienced decreases in production. The company has approximately 145,000 tonnes of inventory stockpile at Ying Mining District to be processed during Chinese New Year holidays.
Silvercorp Metals Inc. (SVM) has successfully completed two major projects at its Ying Mining District in China: a new Tailings Storage Facility (TSF) No. 3 and a 1,500 tonne per day flotation production line. Both facilities were completed in early December 2024, under budget and are now fully operational.
The first phase of TSF No. 3 was constructed for US$28 million (below the original $38 million budget) and provides 9.92 million cubic metres of storage capacity, supporting operations for 12 years. The second phase will add 9.29 million cubic metres, bringing total capacity to 19.21 million cubic metres.
The new 1,500 tpd flotation production line, completed at a cost of $7.2 million, has exceeded expectations by achieving 1,700 tpd capacity after one month, with a target of 1,800 tpd. This expansion increases Ying's total milling capacity to over 1.3 million tonnes per year, accommodating increased mining capacity and future production from the Kuanping mine.
Altius Minerals has reported significant growth in its Project Generation business and junior equities portfolio, which reached $60.4 million in value by December 31, 2024, up from $45.1 million in 2023. The company monetized certain liquid equities early in 2024, generating $26.4 million in gross proceeds, with $11.3 million invested in Orogen shares.
Key highlights include Altius's 19.6% stake in Orogen Royalties, which generated over $5 million in royalty revenue from its Ermitano gold mine. Notable developments include progress at AngloGold Ashanti's Expanded Silicon project and Silvercorp's acquisition of Adventus Mining, with production at El Domo copper-gold project targeted for late 2026. The company maintains various equity positions and royalty interests across multiple exploration projects, including Golden Baie, Golden Rose, and Taylor Brook.
Silvercorp Metals (TSX/NYSE: SVM) has reported significant progress on its El Domo Project development, targeting production start in the second half of 2026. Following the acquisition of Adventus Mining in July 2024, the company has streamlined operations, maintained community engagement, and advanced detailed engineering work.
Key developments include optimizing the tailing storage facilities design, selecting a new process plant site, improving open pit mine design, and commencing metallurgical test work. The company has also executed a powerline contract and divided the construction into three bid packages.
Notably, Silvercorp has awarded Bid Package 1 to CRCC 14 Bureau Group CO., , an experienced contractor with over ten years of operations in Ecuador. This package includes construction of temporary camp, tailing storage facilities, and other critical infrastructure. The company plans to award Bid Packages 2 and 3 in Q1 2025.
Silvercorp Metals (TSX/NYSE: SVM) reported significant drill results from its ongoing diamond drilling program at the LMW underground mine in China's Ying Mining District. Key highlights include high-grade intercepts of 34 g/t gold and 4.45% copper over 0.82 metres at vein LM28, and 2,705 g/t silver over 18.02 metres at vein W18W.
The drilling program, which completed 78,980 meters in 678 holes between June 2023 and November 2024, focused on four target areas: expansion of high-grade Ag-Pb and low angle Au-Ag-Cu veins in the West Zone, expansion of low angle Au and Ag-Au-Cu veins in the Au Zone, extension of high-grade LM41E series veins in the East Zone, and infill drilling of Ag-Pb-Zn veins in the Production Zone.
Silvercorp Metals (SVM) has announced plans to develop the Condor gold project in southern Ecuador as a high-grade underground mine, shifting from the previous operator's open-pit concept. The project comprises multiple gold deposits, with Camp and Los Cuyes being the primary resource areas.
The company identified that high-grade gold mineralization occurs mainly in subvertical vein/rhyolitic dyke structures. Notable drill intercepts include: 9.03 g/t gold over 8.05m at Camp, 44.16 g/t gold over 4.5m at Enma, and 8.98 g/t gold over 16.7m at Los Cuyes.
The development plan includes resource re-estimation, preliminary economic assessment, underground tunneling, and targeted drilling programs focusing on high-grade structures.
Silvercorp Metals has successfully closed its private placement offering of US$150 million in 4.75% convertible senior notes due 2029. The offering includes the full exercise of the initial purchasers' option for an additional US$20 million. The company plans to use the proceeds for construction of copper-gold mining projects outside China, exploration and development of other projects, and working capital. The notes are being offered through private placement and are not registered under the U.S. Securities Act.
