TSX:SVMMetals and Mining
Silvercorp Metals Expands With Kyrgyzstan Gold Venture And Valuation Questions
Silvercorp Metals (TSX:SVM) has completed the acquisition of Chaarat ZAAV CJSC in Kyrgyzstan.
The deal creates a majority-owned joint venture holding the Tulkubash and Kyzyltash gold projects.
The projects include permitted gold operations and a long-term production plan in Central Asia.
The transaction marks a shift for Silvercorp Metals beyond its established footprint and commodity mix.
For you as an investor, this move puts TSX:SVM into a new region and deeper into gold, alongside its...