Monday, September 15, 2025

Latest

Silvercorp Produces 1.8 Million Silver Ounces In Fiscal Q3 2022

Silvercorp Metals Inc. (TSX: SVM) announced on Thursday the company’s operational results for its fiscal third quarter ending December 31, 2021. The results came from the company’s China-based operations at Ying mining district and GC mine.

The firm produced a total of 1.8 million silver ounces for the quarter, up from 1.7 million ounces both in Q2 2022 and Q3 2021. Ying mining district contributed 1.6 million ounces while GC mine produced the remaining 0.2 million ounces.

The silver mining company also produced 1,100 gold ounces, 19.0 million lead pounds, and 8.0 million zinc pounds — all increases from last quarter’s 800 gold ounces, 17.6 million lead pounds, and 7.5 million zinc pounds; and last year’s 900 gold ounces, 17.1 million lead pounds, and 8.7 million zinc pounds

During the quarter, the firm was also able to sell 1.7 million silver ounces, virtually unchanged from last quarter’s 1.7 million ounces and last year’s 1.6 million ounces.

Silvercorp also mined 292,072 tonnes and milled 304,772 tonnes of ore for the quarter, compared to last quarter’s 292,468 tonnes of ore mined and 271,816 of ore milled, and last year’s 279,445 tonnes of ore mined and 260,648 tonnes of ore milled.

The firm also saw metal head grades fall in Q3 2022: 205 g/t silver, 3.1% lead, and 1.5% zinc from Q2 2022’s 214 g/t silver, 3.2% lead, and 1.6% zinc, and Q3 2021’s 216 g/t silver, 3.2% lead, and 1.8% zinc.

The Canadian mining company said that it targets to release its detailed Q3 2022 financials and full-year production guidance for the fiscal year 2023 on February 8, 2022.

Silvercorp Metals Inc. last traded at $4.55 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Silvercorp Adjusts Takeover Bid for OreCorp in Response to Outside Interference

Vancouver-based mining company Silvercorp Metals Inc. (TSX: SVM) has unveiled a revised takeover bid for...

Wednesday, December 27, 2023, 08:26:00 AM

Silvercorp Metals to Acquire Adventus Mining For $200 Million

Silvercorp Metals (TSX: SVM) and Adventus Mining (TSXV: ADZN) have announced an agreement that will...

Friday, April 26, 2024, 08:55:07 AM

Silvercorp: Production Results Miss Canaccord Estimates

Last week, Silvercorp Metals Inc. (TSX: SVM) (NYSE: SVM) reported its operational results and announced...

Wednesday, July 21, 2021, 04:39:00 PM

Guyana Goldfields Receives Superior Offer Of $1.85 Per Share From Unnamed Vendor

As it turns out, the Guyana Goldfields (TSX: GUY) acquisition by Silvercorp Metals (TSX: SVM)...

Thursday, June 4, 2020, 09:37:22 AM

Silvercorp To Proceed With Acquisition Of Adventus Mining

Adventus Mining (TSXV: ADZN) is set to proceed with being acquired by Silvercorp Metals (TSX:...

Wednesday, July 31, 2024, 09:37:55 AM