Van Eck Discloses 15.2M Shares (6.97%) of Silvercorp Metals (SVM)

Rhea-AI Filing Summary

Van Eck Associates Corporation reported beneficial ownership of 15,199,908 common shares of Silvercorp Metals Inc., representing 6.97% of the outstanding class. The filer discloses sole voting power over 15,137,640 shares and sole dispositive power over 15,199,908 shares, indicating control of voting and disposition for its position. The statement affirms the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

This Schedule 13G amendment records a material passive institutional stake above the 5% reporting threshold, making Van Eck a significant disclosed holder of Silvercorp common shares.

Positive

• Beneficial ownership disclosed: Van Eck reports 15,199,908 shares, a material holding equal to 6.97% of Silvercorp's common shares.
• Sole authority documented: The filing shows sole voting power for 15,137,640 shares and sole dispositive power for 15,199,908 shares, clarifying control over its position.

Negative

• None.

Insights

Financial Analyst

TL;DR: Van Eck holds a material 6.97% passive stake in Silvercorp, with near-complete sole voting and dispositive authority.

Van Eck's disclosed position of 15,199,908 shares (6.97%) crosses the 5% SEC threshold that triggers public disclosure. The filing reports sole voting power for 15,137,640 shares and sole dispositive power for 15,199,908 shares, which signals concentrated internal control over the position even though the filer states it is held in the ordinary course and not to influence control. For investors, this documents notable institutional ownership without an expressed control intent.

Corporate Governance Expert

TL;DR: Stake is material but filed as passive; no group or control claim is stated.

The Schedule 13G classification and the attestation that holdings are "not acquired for the purpose of changing or influencing control" indicate Van Eck is reporting as a passive institutional investor rather than an activist or control-seeking owner. Although the filer reports substantial sole voting and dispositive powers, there is no indication in the filing of coordinated group action, control proposals, or director nominations. Governance impact is therefore limited unless future filings indicate a change in intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 13)

SILVERCORP METALS INC

(Name of Issuer)

Common Shares

(Title of Class of Securities)

82835P103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 82835P103

1

Names of Reporting Persons

VAN ECK ASSOCIATES CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 15,137,640.00
6	Shared Voting Power
7	Sole Dispositive Power 15,199,908.00
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,199,908.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.97 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SILVERCORP METALS INC
(b)	Address of issuer's principal executive offices: SUITE 1750, 1066 W. HASTINGS STREET, VANCOUVER, British Columbia, Canada, V6E 3X1
Item 2.
(a)	Name of person filing: Van Eck Associates Corporation
(b)	Address or principal business office or, if none, residence: 666 Third Ave, 9th Floor, New York NY 10017
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 82835P103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 15,199,908
(b)	Percent of class: 6.97 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 15,137,640
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of: 15,199,908
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

VAN ECK ASSOCIATES CORP

Signature:	Ashley Sousa
Name/Title:	Ashley Sousa, AVP, Van Eck Associates Corporation
Date:	08/14/2025

FAQ

What stake does Van Eck Associates report in Silvercorp Metals (SVM)?

Van Eck reports beneficial ownership of 15,199,908 shares, representing 6.97% of Silvercorp Metals common shares.

Does Van Eck have voting or dispositive power over its SVM shares?

Yes. The filing reports sole voting power for 15,137,640 shares and sole dispositive power for 15,199,908 shares.

Is this filing indicative of an activist or control-seeking stake in SVM?

No. The Schedule 13G attestation states the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Did Van Eck file as part of a group for its SVM position?

No. The filing lists no group members and indicates the reporting person is an investment adviser reporting its own position.

What type of filer is Van Eck Associates in this disclosure?

The filing identifies the reporting person as an investment adviser (classified as IA) with Delaware citizenship.