Silvercorp Sees Production Increase of 20%

Reuters reported that Silvercorp Metals (NYSE:SVM) said it predicts silver output will rise by 20% this fiscal year.

As quoted in the market news:

The GC mine in Guangdong Province, China is expected to begin production in the second quarter of fiscal 2013, and produce about 630,000 ounces of silver.

Click here to read the full Reuters report.