TSX:SVMMetals and Mining
Silvercorp Metals (TSX:SVM) Is Up 6.7% After Kyrgyz Gold Asset Deal - Has The Bull Case Changed?
In January 2026, Silvercorp Metals Inc. agreed to acquire and co-develop the Tulkubash and Kyzyltash gold projects in Kyrgyzstan, committing US$150 million to build a 4 million‑tonne‑per‑year open‑pit heap leach mine that targets oxidized ore at Tulkubash.
This move adds a gold‑focused growth option outside Silvercorp’s core Chinese operations, broadening its geographic footprint and future project pipeline in a single transaction.
With shares rising over the past week, we’ll examine how...