Silvercorp Metals Inc. (NYSE-A/TSX: SVM) Making Progress On El Domo Construction As Production Growth Continues In China
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Precious metals producer Silvercorp recently reported one of its strongest quarterly performances from its mines in China and is expanding with development in Ecuador
Silvercorp is working to expand ore production at its flagship Ying operations, to obtain the permits to boost mine production, and to commission its El Domo mine by the end of next year
Silvercorp Metals (NYSE American/TSX: SVM) is building on a quarter marked by one of its strongest quarterly revenue and higher gold and silver production from its operations in China with new updates on its growing pipeline in Ecuador. Silvercorp's profitable operations in China are complemented by construction and development-stage projects in Ecuador, aligning with the company's strategy of diversifying its asset base through disciplined acquisitions and project development.
Rising market prices helped lift Silvercorp's revenue report for gold by 64% year-over-year in its latest quarterly financial report issued Nov. 6. Silver, the most significant contributor to the company's...
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