Silvercorp revenue climbs 70% despite production suspension

The voluntary suspension, which targeted the implementation of updated "Six Major Safety Systems" underground upgrades, weighed on output during the three-month period ending June 30. Silver production fell 17% to 1.5 million ounces, while lead and zinc volumes each dropped 15%. Gold production served as a bright spot, climbing 24% to 2,536 ounces.

Despite the production dip, development remains active across the company's portfolio. At the Ying Mining District, construction of the No. 3 mill has commenced. Meanwhile, the El Domo project in Ecuador continues to advance toward a July 2027 commissioning target, bolstered by the appointment of contractor TGJA. In Kyrgyzstan, the Chaarat ZAAV project is moving forward under the management of mining contractor CRCC19, with a bankable feasibility study expected by late July. The company plans to release its full unaudited interim financial results on August 10, 2026.