Curated News
By: NewsRamp Editorial Staff
June 05, 2025
Silvercorp Metals Hits Record Revenue, Advances Mining Projects
TLDR
- Silvercorp Metals achieves record revenues of $299 million in 2025, showcasing its low-cost production advantage with an all-in sustaining cost of $12.12 per ounce.
- Silvercorp Metals maintains a strong financial position with $369 million in cash and a strategic equity portfolio, supporting its El Domo mine construction and Condor Project update.
- Silvercorp Metals' commitment to ESG practices and local employment enhances community relations and sets a benchmark for responsible mining in the industry.
- Discover how Silvercorp Metals leverages 18 years of expertise to expand its mining operations across China, Ecuador, and Bolivia, while maintaining profitability and growth.
Impact - Why it Matters
Silvercorp Metals' achievements and strategic initiatives highlight its role as a low-cost, sustainable producer in the mining sector, offering investors and stakeholders a glimpse into the company's robust growth trajectory and commitment to responsible mining practices. This news is crucial for investors and industry watchers as it showcases the company's financial health, operational efficiency, and future growth prospects, including the development of the El Domo mine and updates on the Condor Project.
Summary
Silvercorp Metals Inc., a leading Canadian mining company, has announced record revenues of nearly $299 million for Fiscal 2025, alongside a significant 11% year-over-year growth in silver equivalent output. The company, known for its low-cost production with an all-in sustaining cost of $12.12 per ounce of silver, continues to strengthen its financial position with over $369 million in cash and a strategic equity portfolio. Highlighting its commitment to growth and sustainability, Silvercorp has commenced construction on the El Domo copper-gold mine, expected to commence production by the end of 2026, and has updated the mineral resource estimate for the Condor Project. With an MSCI ESG rating of 'A', Silvercorp underscores its dedication to environmental and social governance, local employment, and procurement. For more details, visit Read More>>.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Silvercorp Metals Hits Record Revenue, Advances Mining Projects
