Trading Symbol TSX: SVM NYSE American: SVM Silvercorp Metals Inc. reports its "Safety Production Permits" for the GC Mine and its tailing storage facility were renewed and issued by the Department of Emergency Response and Administration of Guangdong Province, valid for a period of three years. The previous permits expired on September 3, 2023. Prior to the renewal, the Company implemented a series of improvement measures [...]
Silvercorp Metals Inc. is pleased to report changes to its management team effective immediately to prepare the Company for its future growth initiatives. Lon Shaver, Silvercorp's current Vice President, will be promoted to the position of President of the Company. Lon joined Silvercorp in August 2018, with responsibility for investor relations and corporate development. Luke Sun, based in Vancovuer, currently Accounting [...]
Trading Symbol: Silvercorp Metals Inc. reported its financial and operating results for the three months ended June 30, 2023 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q1 FISCAL 2024 Mined 303,220 tonnes of ore, milled 295,095 tonnes of ore, and produced approximately 1.8 million ounces of silver, 1,552 ounces of gold, or approximately 1.9 million ounces of silver [...]
Silvercorp Metals Inc. reports that, further to the Company's news release of May 15, 2023, the exclusivity period entered into between Silvercorp and Celsius Resources Limited in the non-binding term sheet announced on that date, which was subsequently extended, has expired effective July 31, 2023. The two companies have not agreed on the terms of a definitive agreement in line with those contained in the Term Sheet and [...]
Trading Symbols: and PERTH, Australia, Aug. 6, 2023 /CNW/ - Silvercorp Metals Inc. and OreCorp Limited are pleased to announce the signing of a binding scheme implementation deed whereby Silvercorp will acquire all fully-paid ordinary shares of OreCorp not held by Silvercorp or its associates , pursuant to an Australian scheme of arrangement under Part 5.1 of the Corporations Act 2001 , subject to the satisfaction of [...]
Trading Symbol TSX: SVM NYSE American: SVM Silvercorp Metals Inc. reports that, as a result of unforeseen travel by certain Board members of the Company, and in recognition that Monday, August 7 is a public holiday in many parts of Canada, the release date for its first quarter financial results of fiscal year 2024 , has been deferred by one week, to August 10, 2023. About Silvercorp Silvercorp is a profitable Canadian [...]
Trading Symbol TSX: SVM NYSE American: SVM Silvercorp Metals Inc. is pleased to report high-grade silver-lead intercepts from its ongoing diamond drilling program at the TLP mine at the Ying Mining District, China. Highlights : Surface hole ZKTDB0413 intersected 1,025 grams per tonne silver , 3.01% lead , and 0.11 g/t gold over a 2.48 metre interval of vein T26 at the 1,113 m elevation; Surface hole ZKTDB2005 intersected [...]
Trading Symbol: Silvercorp Metals Inc. reports production and sales figures for the first quarter of fiscal year 2024 ended June 30, 2023 . The Company expects to release its Q1 Fiscal 2024 unaudited financial results on Thursday, August 3, 2023 after market close. Production highlights Gold and silver production are on track to achieve Fiscal 2024 annual guidance; Silver equivalent 1 production of approximately 1.9 [...]
Trading Symbol TSX: SVM NYSE American: SVM Silvercorp Metals Inc. is pleased to report high-grade silver-lead intercepts from its ongoing diamond drilling program at the SGX mine in the Ying Mining District, China. Highlights : Hole ZKDBS27E0301 intersected 1,660 grams per tonne silver , 0.21% lead , 0.12% zinc and 1.61% copper over a 0.51 metre interval of vein S54 at the 849 m elevation; Hole ZKDB0S8E101 intersected [...]
Trading Symbol TSX: SVM NYSE American: SVM Silvercorp Metals Inc. is pleased to report assay results from its ongoing diamond drilling program at the LMW mine within the Ying Mining District, China. Highlights: Discovery of new, low angle copper-gold veins at the W Zone: Hole ZKX1009 intersected 18.0 grams per tonne gold , 32 g/t silver , and 8.38% copper over a 1.11 metre interval of vein LM29 at the 1,028 m elevation [...]
Silvercorp Metals 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 12, 2023, with a payment date of the dividend scheduled on or before June 29, 2023. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at the discretion [...]
Trading Symbol: Silvercorp Metals Inc. reported its financial and operating results for the three months and twelve months ended March 31, 2023 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR FISCAL 2023 Mined 1,068,983 tonnes of ore, milled 1,072,654 tonnes of ore, and produced approximately 6.6 million ounces of silver, 4,400 ounces of gold, or approximately 7.0 million [...]