Silvercorp Metals Inc. reports operating, project, and financing developments for a Canadian mining company producing silver, gold, lead, and zinc. Recurring updates cover production and sales volumes, mine operating costs, capital expenditure guidance, and financial results tied to operations such as the Ying Mining District and GC Mine in China.
Company news also covers exploration drilling, construction activity, and technical disclosures for projects including Kuanping, El Domo, Condor, Tulkubash, and Kyzyltash. Additional announcements address NI 43-101 technical reports, mineral resource estimates, ESG ratings, syndicated loan facilities, and portfolio expansion across China, Ecuador, and Kyrgyzstan.
Silvercorp Metals (SVM) shareholders approved all matters submitted at the annual general and special meeting held on October 2, 2026. A total of 123,182,474 common shares were represented, accounting for 55.69% of votes attached to outstanding shares at the record date. All six director nominees were elected, with support ranging from 83.76% to 98.86%.
Shareholders authorized amendments to the Articles to align the company's governing documents with Hong Kong Stock Exchange listing rules, with 95.74% voting in favor. Amendments to the share-based compensation plan received 84.51% support. Deloitte was re-appointed as auditor for the ensuing year. Final voting results will be filed on SEDAR+, EDGAR and the company's website.
Silvercorp Metals (SVM) revised its proposed Articles amendments for shareholder consideration at its annual general and special meeting on October 2, 2026. The revised Article 16 would prevent the company from requesting information about a director nominee beyond what paragraph 4 specifically enumerates. If approved, the initial amendments would take effect immediately after the meeting.
The resolution also authorizes, but does not require, replacement Articles conditional on the company deciding to pursue a Hong Kong Main Board listing, concurrently with or shortly before its completion. The proxy deadline was extended to September 30, 2026, at 4:00 p.m. Pacific time; existing voting instructions remain valid. Laurel Hill Advisory Group will receive $30,000 for proxy solicitation and shareholder engagement, plus reasonable out-of-pocket expenses.
Silvercorp (SVM) postponed its annual general and special meeting and expanded proposed amendments to its Articles as of September 22, 2026.
The shareholder meeting is moved from September 25 to October 2, 2026 at 10:00 a.m. Pacific time, and the proxy voting deadline is extended to September 30, 2026 at 10:00 a.m. Pacific time. The amended special resolution now covers governance changes including: increasing the shareholder meeting quorum from 5% to 25%; requiring a directors’ meeting quorum of at least one-half of directors in office; deleting the use of alternate directors; and revising advance notice provisions for director nominations by removing the 65‑day maximum filing window, tying deadlines to postponed or adjourned meeting dates, and limiting additional nominee information to what is required under applicable securities laws and stock exchange rules. Hong Kong listing‑related Articles changes would only be implemented if the board proceeds with a Hong Kong listing.
Silvercorp Metals (SVM) has renewed its normal course issuer bid, starting September 21, 2026, authorizing repurchases of up to 8,848,585 common shares, about 4% of the 221,214,642 shares outstanding as of September 8, 2026, until September 20, 2027.
Shares may be bought at market prices on the TSX, NYSE American, and alternative trading systems in Canada and the United States, subject to regulatory limits. The daily purchase cap on the TSX is 261,176 shares, equal to 25% of the recent six‑month average daily trading volume of 1,044,706 shares. All repurchased shares will be cancelled. The company describes the NCIB as a tool to add flexibility if its shares trade below the value of its mining and corporate assets.
Silvercorp (TSX/NYSE American: SVM) released its Fiscal 2026 Sustainability Report for the year ended March 31, 2026, outlining environmental, social and governance performance and targets. The company highlights reduced freshwater withdrawal intensity by 46% versus its 2020 baseline and a 64% year-over-year rise in environmental protection spending to $3.7 million, with zero significant environmental incidents recorded.
Socially, Silvercorp reports over 25,000 hours of production safety training (up 34%), $3.2 million invested in local communities (up 134%), and a 72% local employment rate (up 10%). Governance actions include 87 compliance training sessions and two new corporate policies on waste and emissions management and information security. The report references GRI, SDGs, TCFD, ICMM tailings standards and SASB.
Silvercorp (TSX/NYSE American: SVM) reported the first batch of drill results from the fully permitted Tulkubash/Kyzyltash gold projects in Kyrgyzstan, part of a 50,000–60,000 m program targeting resource conversion and expansion at the Kyzyltash Sulfide Gold Project.
Main Zone drilling (29 diamond holes) outlined multiple broad, subparallel gold structures along a 3,640 m strike. Key intercepts include 212.5 m at 1.68 g/t Au in hole DH26M687, 39.0 m at 4.79 g/t Au including 6.0 m at 22.23 g/t Au in DH26M686, and 47.0 m at 3.95 g/t Au in DH26M818.
Silvercorp said these results confirm multiple broad mineralized zones that remain open at depth and along strike. A refocused program since July 2026 emphasizes in-fill drilling to upgrade resources for a planned Pre-feasibility study, building on an October 15, 2025 mineral resource estimate totaling 3.94 Moz Measured & Indicated and 1.58 Moz Inferred.
Silvercorp (TSX/NYSE American: SVM) reported Q1 Fiscal 2027 revenue of $138.7 million, up 70% year over year, driven mainly by a 135% higher average realized silver price of $69.38/oz. Net income attributable to equity shareholders was $59.4 million ($0.27 per basic share) and adjusted earnings were $53.9 million ($0.24 per basic share). Adjusted EBITDA reached $77.3 million ($0.35 per share). The company generated operating cash flow of $61.7 million and free cash flow of $28.6 million. Silvercorp ended the quarter with $387.1 million in cash and short-term investments and equity investments valued at $303.6 million. Q1 production totaled about 1.5 million oz silver and 2,536 oz gold, while all-in sustaining cost per silver ounce rose 36% to $18.38. Operations at the Ying Mining District and GC Mine in China were voluntarily suspended from mid/late June for safety system upgrades, and Ying output is expected to be reduced by 40–50% in Q2 Fiscal 2027.
Altius Minerals (TSX:ALS, OTCQX:ATUSF) reported that the market value of its Project Generation junior equities portfolio was approximately $80.4 million at June 30, 2026, up from $70 million at March 31, 2026, following about $12.5 million of net portfolio investment.
Altius invested roughly $4.2 million in TNR Gold, added capital to Blue Moon and Aurum Discovery, and participated in financings for Buffalo Potash and Gilpas Resources, creating or expanding royalty interests. Key royalty assets advanced: Zijin’s Tres Quebradas lithium expansion (Altius 1% GOR), Atlas Lithium’s Neves project (3% GOR) targeting first production in Q4 2027, and the Curipamba–El Domo project, where resources and reserves increased and mine life extended to 11.5 years (Altius 2% NSR). Orogen Royalties, Altius’s largest junior equity holding, reported Q1 2026 revenue up 57% and net income up 198% year over year.
Silvercorp (TSX/NYSE American: SVM) reported Q1 Fiscal 2027 operational results for the quarter ended June 30, 2026, and plans to release unaudited financials on August 10, 2026 after market close. Revenue was $138.7 million, up 70% year over year.
Mid-June, Silvercorp voluntarily suspended operations in China to complete “Six Major Safety Systems” upgrades required under new regulations, which temporarily reduced metal output. Q1 production totaled 1.5 million oz silver (down 17%), 2,536 oz gold (up 24%), 1.7 million oz silver equivalent (down 15%), 13.4 million lb lead (down 15%) and 4.4 million lb zinc (down 15%) versus Q1 Fiscal 2026.
The Ying district processed 323,216 tonnes of ore (up 14%) and the GC Mine 63,237 tonnes (down 16%). Exploration remained active with 86,104 m of drilling and 18,749 m of tunneling. Construction advanced at the Ying No. 3 mill, Kuanping mine, El Domo mine, and the Chaarat ZAAV project, which is supported by a 50,000 m drill program and a bankable feasibility study targeted for completion in late July 2026.
Silvercorp (NYSE American: SVM) reported a temporary slowdown at its Ying and GC mines in China due to new nationwide mine safety measures.
The company is investing about US$5.5 million to complete “Six Major Safety Systems” and US$6 million on facility and equipment upgrades.
Production at Ying is expected to be reduced by 40%–50% and at GC by about 50% in the July–September quarter, with a 10%–15% impact in the current quarter.