Welcome to our dedicated page for Silvercorp Metal news (Ticker: SVM), a resource for investors and traders seeking the latest updates and insights on Silvercorp Metal stock.
Silvercorp Metals Inc. (SVM) is a Canadian mining company producing silver, gold, lead, and zinc, with underground operations in China and development projects in Ecuador. The SVM news feed on Stock Titan highlights how the company’s operating performance, project milestones, and corporate actions affect Silvercorp stock.
Investors following Silvercorp news will find regular updates on quarterly financial and operating results, including silver, gold, lead, and zinc production, silver‑equivalent output, cash cost per ounce, and all‑in sustaining cost metrics. The company reports detailed performance for its Ying Mining District and GC Mine in China, along with capital spending on exploration, development, and equipment.
News releases also cover project developments in Ecuador, such as mine construction progress at the El Domo copper‑gold project, legal and regulatory decisions affecting its environmental license, and economic studies like the Preliminary Economic Assessment for the Condor gold project. These items provide context on how Silvercorp is advancing its growth pipeline beyond its existing Chinese operations.
In addition, Silvercorp issues updates on capital allocation and governance, including semi‑annual dividend declarations, renewals of its normal course issuer bid share repurchase program, filing of a base shelf prospectus, AGM voting results, and changes in senior finance leadership. Together, these disclosures give a view of how management approaches balance sheet flexibility, shareholder returns, and corporate oversight.
By monitoring SVM news on this page, readers can track production trends, cost performance, project timelines, regulatory outcomes, and board‑level decisions that shape the outlook for Silvercorp Metals Inc. and its multi‑jurisdiction mining portfolio.
Silvercorp Metals Inc. (TSX: SVM) announced high-grade mineral intercepts from its 2021 exploration program at the HPG mine in Henan, China. From June to December 2021, 24,369 meters were drilled, with 134 assay results revealing significant gold-silver-lead-zinc mineralization. Key findings include underground hole ZK2542 showing 24.66 g/t gold and 1,469 g/t silver. The drilling strategy focuses on previously mined areas and testing higher elevations, while tunneling programs aim to enhance mineral resource definition.
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Silvercorp Metals Inc. (SVM) reports plans to construct a new 3,000 tonne per day flotation mill and a tailings storage facility in the Ying Mining District, Henan Province, China. The project requires various regulatory approvals and has an estimated construction budget of US$63 million (US$25 million for the mill and US$38 million for the TSF). The new mill aims to process ore from recent acquisitions and enhance operational capacity, with completion expected by late 2023 for the mill and mid-2024 for the TSF.
Silvercorp Metals Inc. (SVM) has declared a semi-annual dividend of US$0.0125 per share, payable to shareholders of record by November 24, 2021. The expected payment date is on or before December 15, 2021. This dividend is classified as an eligible dividend for Canadian tax purposes. The company's Board of Directors will continue to evaluate future dividends based on several factors, including market conditions and financial results. Silvercorp is committed to generating returns for shareholders while balancing sustainability and profitability.
Silvercorp Metals Inc. (TSX: SVM, NYSE American: SVM) reported Q2 Fiscal 2022 results for the period ending September 30, 2021. The company mined 292,468 tonnes of ore and milled 271,816 tonnes, showing increases of 9% and 3% year-over-year. Revenue rose 4% to $58.4 million, while net income fell 39% to $9.4 million, largely due to a $4.1 million unrealized loss on investments. Adjusted earnings decreased 12% to $13.6 million. Cash flow from operations increased 4% to $30.9 million. The company maintains a strong cash position with $221.1 million in cash and equivalents.
Silvercorp Metals (SVM) reported its Q2 Fiscal 2022 production results, achieving approximately 1.7 million ounces of silver, 800 ounces of gold, 17.6 million pounds of lead, and 7.5 million pounds of zinc. Silver production increased by 15% from the previous quarter, while gold decreased by 20%. The Ying Mining District saw a 45% increase in ore mined compared to Q1. The total production for the first half of Fiscal 2022 was approximately 3.2 million ounces of silver. The company remains on track to meet its annual guidance of producing between 6.3 - 6.6 million ounces of silver.
Silvercorp Metals Inc. (TSX: SVM, NYSE American: SVM) reports significant results from its 2021 exploration program at the LMW mine in China. From May to September 2021, 23,908 meters were drilled, yielding high-grade silver-lead-zinc veins. Key intercepts include 1,468 g/t Ag and 4.90% Pb. The program targets previously unexplored areas and low angle gold veins with promising results. Tunneling has also exposed substantial mineralization, confirming the mine's potential. The exploration program aims to enhance Silvercorp's resource base and operational efficiency.
Silvercorp Metals Inc. has successfully acquired a 100% interest in the Kuanping silver-lead-zinc-gold project through its subsidiary, Henan Found Mining Co. Ltd., for a total of US$13.5 million, including debt assumption. The Kuanping Project, located in Sanmenxia City, spans 12.39 km² and includes historical exploration results highlighting multiple mineral vein structures. Significant drill intercepts show high grades of silver and other metals, positioning the project for future mining permit applications.
Silvercorp Metals (SVM) announced promising results from its exploration at the DCG mine in Henan Province, China, from March 2020 to September 2021. The company completed 29,010 meters of drilling across 207 holes, finding mineralization in 110 holes. Notably, the gold vein C9 was defined over 850 meters, alongside the discovery of a new gold vein, C76. Significant intercepts included holes grading up to 7.17 g/t gold and 68 g/t silver. Additionally, the company established multiple silver-lead-zinc veins within the resource area, indicating a strong potential for mineral resource expansion.
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