Silvercorp Metals Inc - Company Profile
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Business Description
Silvercorp Metals Inc (Silvercorp) is a mining exploration company. The company carries out the development, acquisition, and exploration of silver mineral properties in China. It also produces gold, sulphur, lead, and zinc commodities. The company sells its products to local smelters or companies involved in the mineral products trading business.
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Business Segments
Overview
It includes the administrative operations of the company in China. The segment operates through the subsidiary Silvercorp Metals (China) Inc.
Performance
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Overview
It comprises the operations of Gaocheng (GC) mine. The mine is 200 km west of Guangzhou City, Guangdong Province, southern China. It covers an area of 5.5 sq.km. It operates through the company’s subsidiary Guangdong Found Mining Co. Ltd. The company plans to mine and process 250,000 tonnes of ore at a grade of 1.6% lead, 98 g/t silver, and 3% zinc with an expected metal production of 7.5 mlbs of lead, 0.6 Moz of silver and 13.6 mlbs of zinc.
Performance
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Overview
It includes the operations of Ying Property in Ying Mining District. The Ying Property is approximately 240 km west-southwest of Zhengzhou, the capital city of Henan Province, and 145 km southwest of Luoyang. The property owns two floatation mills in the Ying Mining District. The Ying Property also comprises several deposits such as SGX mine, HPG mine, TLP mine, DCG mine, and LM mine. The SGX mine is 240 km southwest of Zhengzhou, the capital city of Henan Province in central China. It produces silver (Ag), lead (Pb) and zinc (Zn) minerals. HPG mine is mine is within the Haopinggou Mining License covering 6.2 square kilometers (sq.km) of area. It produces gold (Au), Ag, Pb and Zn properties. TLP mine lies approximately 11 km east-southeast of SGX. It is operated under the Tieluping-Longmen Mining License covering an area of 22.9 sq.km. The LM mine is south of the TLP mine and approximately 12 km east of SGX mine. The mine is divided in to two subareas, namely, LME and LMW according to distribution of known mineralized veins. LM mine is operated under the Tieluping-Longmen Mining License covering an area of 22.9 sq.km. The segment operates through two subsidiaries, namely, Henan Found Mining Co. Ltd., and Henan Huawei Mining Co. Ltd. DCG Mine is located 2.7 km northwest of TLP mine.
Performance
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Overview
It includes the operations of BYP mine. BYP mine is in Hunan Province, China and is 220 km southwest Changsha. The mine has a mining permit covering 3.7 sq.km., which includes a safety production permit and a 500 tpd floatation mill. The segment operates through the subsidiary Xinshao Yunxiang Mining Co., Ltd. The mine was put under care and maintenance since 2014.
Performance
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Overview
It includes the operations of XHP project. The segment operates through the company’s subsidiaries Songxian Gold Mining Co., Ltd., and 0875786 B.C. LTD.
Performance
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Overview
It includes the administrative operations of the company in Canada, including the RZY project. The segment operates through the subsidiaries such as Silvercorp Metals China Inc., Fortune Gold Mining Limited, Fortune Mining Limited, Fortune Copper Limited, Yangtze Mining Ltd., and Victor Mining Ltd.
Performance
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Product Categories
Performance
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Performance
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Performance
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Performance
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Performance
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