Silvercorp Metals Inc. announces that last week its Chairman and CEO, Dr. Rui Feng, secured and shipped from Silvercorp’s Beijing office, a donation of personal protective equipment, which was received by Vancouver General Hospital and Vancouver Coastal Health on March 30, 2020. The shipment consisted of 17,000 3M N95 respirator masks, 100,000 pairs of medical gloves, 1,000 protective bodysuits, and 540 goggles, donated [...]
Silvercorp Metals Inc. is pleased to announce a normal course issuer bid to acquire up to 8,670,104 common shares of the Company, representing approximately 5% the 173,402,084 common shares issued and outstanding as of March 16, 2020. The repurchase program will run from March 19, 2020 to March 18, 2021. The Company is taking this action because it believes that prevailing market conditions have resulted in [...]
Silvercorp Metals Inc. is pleased to report that since mid-February its Ying and GC mines have ramped up operations with no reportable incidents, and in full compliance with government measures implemented to limit the potential transmission of COVID-19. As of March 10, 2020, the Ying and GC mines had achieved 94% of planned mining and development stope production capacity. The mills are operating, with an inventory of [...]
Silvercorp Metals Inc. reports that its Ying and GC mines have been approved by their respective local municipal governments on February 17, 2020 to resume operations. Workers are returning to the mine sites to restart work. About Silvercorp Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company’s goal is to continuously create [...]
Silvercorp Metals Inc. reported its financial and operating results for the third quarter ended December 31, 2019 . All amounts are expressed in US Dollars. Q3 FISCAL YEAR 2020 HIGHLIGHTS Ore mined up 1% to 262,586 tonnes compared to the prior year quarter ; Sold approximately 1.7 million ounces of silver, 18.8 million pounds of lead, and 8.4 million pounds of zinc, up 0%, 6% and 103%, respectively, compared to 1.7 [...]
Silvercorp Metals Inc.’s operations in China are usually suspended two weeks for the Chinese New Year holiday. During the 2020 holiday season, the Company’s production was suspended on January 17 and was scheduled to re-start on February 1. Due to the coronavirus situation, China’s central government extended the Chinese New Year holiday by three days to February 3, 2020, and as instructed by the [...]
Silvercorp Metals Inc. will release its unaudited financial and operating results for the third quarter ended December 31, 2019 on Thursday, February 6, 2020 after the market close. About Silvercorp Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company’s goal is to continuously create healthy returns to shareholders through [...]
Silvercorp Metals Inc. is pleased to report results of its exploration programs at the GC silver-lead-zinc mine, Guangdong Province, China. Exploration drilling is ongoing at the GC mine. From October 1, 2018 to September 30, 2019, Silvercorp continued the extensive exploration programs at the GC mine and completed 25,877 metres of diamond drilling with three underground rigs from current production levels, and 14,243m of [...]
Silvercorp Metals Inc. is pleased to announce that its Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all shareholders of record at the close of business on November 27, 2019, with a payment date of the dividend scheduled on or before December 18, 2019. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at [...]
Silvercorp Metals Inc. reported its financial and operating results for the second quarter ended September 30, 2019 . All amounts are expressed in US Dollars. Q2 FISCAL YEAR 2020 HIGHLIGHTS Ore milled up 11% compared to the prior year quarter; Produced and sold approximately 1.9 million ounces of silver, 1,100 ounces of gold, 19.1 million pounds of lead, and 6.7 million pounds of zinc, compared to 1.9 million ounces of [...]
Silvercorp Metals Inc. is pleased to report results of its exploration programs at the SGX mine, Ying Mining District, Henan Province, China. Exploration drilling is ongoing at the SGX mine, and all other mines at the Ying Mining District. From April 1, 2018 to September 30, 2019, the Company completed 41,127 metres of diamond drilling with 7 underground rigs and 30,748m of exploration tunneling between elevation levels [...]
Silvercorp Metals Inc. is pleased to report the results of its 2018-2019 exploration programs at the TLP and LME mines, Ying Mining District, Henan Province, China. Exploration drilling is ongoing at the TLP and LME mines, and all other mines at the Ying Mining District. From April 1, 2018 to September 30, 2019, Silvercorp continued the extensive exploration programs at the TLP and LME mines and completed 37,212 metres of [...]
