Silvercorp Metals (TSE:SVM) has released an update.
Silvercorp Metals Inc. has reported a 20% increase in revenue to $72.0 million and higher mining and milling volumes in the first quarter of fiscal 2025 compared to the same period last year, despite a temporary drop in metal production due to mill capacity constraints. With a new mill expected to start operating by November 2024, the company is poised to process its growing stockpiles and meet its annual production guidance.
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