TSX:SVMMetals and Mining
Why Silvercorp Metals (TSX:SVM) Is Down 14.9% After Expanding China Reserves And Boosting Kyrgyz Gold Spend
Silvercorp Metals recently reported updated NI 43-101 technical reports showing larger measured and indicated resources and reserves at its Ying and Gaocheng mines in China, alongside a detailed life-of-mine plan for Gaocheng.
In parallel, the company approved a US$196.3 million budget to advance the Tulkubash and Kyzyltash gold projects in the Kyrgyz Republic, marking a meaningful step toward greater geographic and commodity diversification.
Now we will examine how the expanded Ying and...