Silvercorp Completes Key Infrastructure Developments at Ying Mine

Silvercorp Metals ( (TSE:SVM) ) has provided an update.

Silvercorp Metals Inc. has successfully completed the construction of Tailings Storage Facility No. 3 and a new 1,500 tonne per day mill expansion at its Ying Mine in China. These developments, completed on time and under budget, will enhance the company’s milling capacity to over 1.3 million tonnes per year, supporting its long-term operational goals. The facility is expected to operate efficiently over the next 12 years, and includes advanced features for safety and environmental protection, aligning with local regulatory standards.

More about Silvercorp Metals

Silvercorp Metals Inc. is a mining company that operates in the precious metals industry, primarily focusing on silver production. The company is publicly traded on the TSX and NYSE American under the symbol SVM, and has significant mining operations in China, particularly in the Ying Mining District of Henan Province.

YTD Price Performance: -6.67%

Average Trading Volume: 3,594,518

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $659.8M

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