Precious Metals

Silvercorp Metals Inc. Logo (CNW Group/Silvercorp Metals Inc) (CNW Group/Silvercorp Metals Inc)

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce the publishing of its annual Sustainability Report for Fiscal 2022, detailing the Company's commitment and contributions to environmental, social, and governance ("ESG") factors, practices, and management, while delivering long-term value to shareholders.

"At Silvercorp, we believe that sustainability is one of our fundamental responsibilities," said Dr. Rui Feng , Chairman and CEO of Silvercorp. "Silvercorp's core objectives are to operate safely, sustainably, and responsibly with the environment and collaboratively with local communities. While our approach to sustainability will continue to evolve over time, our commitment to integrating ESG factors in our strategic planning, operations, and management remains the same."

Highlights of Silvercorp's 2022 Sustainability Report:

  • ESG Management: Awarded ISO certifications in environmental management, occupational health and safety management, energy management, and quality management systems (the "ISO Certifications")
  • Health and Safety: Achieved zero work-related fatalities; reduced LTIR for the third year in a row through continuous improvement of our internal safety management mechanisms
  • Community Investment: Continued to give back to local communities by making significant donations to public welfare projects and helping to promote development in education, tourism, and public infrastructure
  • Sustainability Commitment: Invested $2.1 million in environmental protection and carried out 1,118 hours of environmental protection training
  • Our People: Progressed career development of our employees; invested $1.1 million to upgrade accommodation facilities, and strengthened protection of human rights

The ISO Certifications validate Silvercorp's operations and management achieving the requirements of the ISO series of international standards.  They reflect Silvercorp's vision, mission and values: being a technologically-advanced and well-managed mining company, operating sustainably by prioritizing safety, the environment and the communities where it operates.

The Company's report has been prepared in accordance with the Core Accordance option of the GRI Standards of the Global Sustainability Standard Board (GSSB), the China Corporate Social Responsibility Reporting Guidelines 4.0 by the Chinese Academy of Social Sciences (CASS-CSR4.0), the SDG Compass by the United Nations Global Compact (UNGC), the Global Industry Standard on Tailings Management by the International Council on Mining and Metals (ICMM), and the Sustainability Accounting Standards Board (SASB) standard on Metals and Mining.

The full 2022 Sustainability Report is available for download at www.silvercorpmetals.com , along with the applicable ESG data tables and GRI indices at www.silvercorpmetals.com/sustainability/ .

About Silvercorp

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorp.ca .

For further information
Silvercorp Metals Inc.
Lon Shaver
Vice President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www . silvercorp .ca

CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS

Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws (collectively, "forward-looking statements"). Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements relate to, among other things: the price of silver and other metals; the accuracy of mineral resource and mineral reserve estimates at the Company's material properties; the sufficiency of the Company's capital to finance the Company's operations; estimates of the Company's revenues and capital expenditures; estimated production from the Company's mines in the Ying Mining District and the GC Mine; timing of receipt of permits and regulatory approvals; availability of funds from production to finance the Company's operations; and access to and availability of funding for future construction, use of proceeds from any financing and development of the Company's properties.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks relating to: global economic and social impact of COVID-19; fluctuating commodity prices; calculation of resources, reserves and mineralization and precious and base metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; feasibility and engineering reports; permits and licenses; title to properties; property interests; joint venture partners; acquisition of commercially mineable mineral rights; financing; recent market events and conditions; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into the Company's existing operations; competition; operations and political conditions; regulatory environment in China and Canada ; environmental risks; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on management; internal control over financial reporting; and bringing actions and enforcing judgments under U.S. securities laws.

This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to in the Company's Annual Information Form under the heading "Risk Factors". Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company's forward-looking statements are based on the assumptions, beliefs, expectations and opinions of management as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/silvercorp-releases-fiscal-2022-sustainbility-report-301620295.html

SOURCE Silvercorp Metals Inc

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2022/08/c3019.html

News Provided by Canada Newswire via QuoteMedia

SVM:CA,SVM
OTC:NUMPF

New Pacific Metals: A New Frontier of Silver Exploration

New Pacific Metals (TSX:NUAG,OTCQX:NUMPF) has launched its campaign on the Investing News Network’s resource channel.

New Pacific Metals is an exploration and development company targeting projects in Bolivia. The company’s largest shareholders are Silvercorp Metals Inc. (TSX:SVM), the largest primary silver producer in China, and Pan American Silver Corp. (TSX:PAAS), one of the world’s largest primary silver producers. Both Silvercorp and Pan American Silver hold additional Bolivian assets.

Keep reading...Show less

New to the Investing News Network

New to the Investing News Network – August 2021

Keep reading...Show less
TSX:SVM

Silvercorp Reports High-Grade Mineralization Discovery Below Current Production Levels Within Major Vein Structures at GC Ag-Pb-Zn Mine in Guangdong Province, China

Silvercorp Metals Inc. (TSX:SVM, NYSEAMERICAN:SVM) is pleased to report results of its 2016 and 2017 exploration program at its GC Ag-Pb-Zn mine, Guangdong Province, China.

In 2016 and 2017, the Company launched extensive exploration program and completed a total of 33,029 meters (“m”) of underground diamond drilling and 19,619 m of exploration tunneling at its GC Ag-Pb-Zn mine. Significant high-grade mineralized zones have been exposed at and below the current production levels, and major mineralized zones have been extended along strike and downdip.

Keep reading...Show less
Silver Investing

Silvercorp Reports Q3 Results: Net Income of $12.7 Million, $0.08 per Share and Provides Fiscal 2019 Production and Cash Costs Guidance

Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX:SVM) (NYSE American:SVM) reported its financial and operating results for the third quarter ended December 31, 2017.  All amounts are expressed in US Dollars.

THIRD QUARTER HIGHLIGHTS

Source: www.prnewswire.com

Keep reading...Show less
TSX:SVM

Silvercorp to Announce Third Quarter Results on February 8, 2018

Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX:SVM, NYSE American: SVM) announces that its unaudited financial and operating results for the third quarter ended December 31, 2017 will be released on Thursday, February 8, 2018 after the market close.
About Silvercorp Metals Inc.
Silvercorp is a low-cost silver-producing Canadian mining company with multiple mines in China.   The Company’s vision is to deliver shareholder value by focusing on the acquisition of under developed projects with resource potential and the ability to grow organically.  For more information, please visit our website at www.silvercorpmetals.com
SOURCE Silvercorp Metals Inc
Click here to connect with Silvercorp Metals Inc. (TSX:SVM, NYSEAMERICAN:SVM) for an Investor Presentation.

Source: www.prnewswire.com

physical silver bullion

Should You Invest in Silver Bullion? (Updated 2022)

Investing in silver bullion has pros and cons, and what’s right for one investor may not work for another.

Interest in the silver market tends to flourish whenever the silver price increases, with investors beginning to wonder if it is the right time to add physical silver to their investment portfolios.

While silver can be volatile, the precious metal is also seen as a safe-haven asset, similar to its sister metal gold. Safe-haven assets can protect investors in times of uncertainty, and with tensions running high, they could be a good choice for those looking to preserve their wealth in difficult times.

Keep reading...Show less
silver bars with chart

What Was the Highest Price for Silver? (Updated 2022)

Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset.

Although it continues to exhibit its hallmark volatility, many silver investors believe that a bull market is on the way for the precious metal. Experts are optimistic about the future, and as a result, some market watchers are putting forth price forecasts and asking themselves, “What was the highest price for silver?”

The answer reveals how much potential there is for the silver price to rise. Read on for a look at silver's historical moves, and what they could mean for both the price of silver today and the white metal’s price in the future.

Keep reading...Show less
silver nuggets and bars

When Will Silver Go Up? (Updated 2022)

It’s no secret that the silver market can be incredibly volatile. From September 2021 to September 2022 alone, the white metal has seen price levels ranging from below US$18 per ounce to US$26.50.

Many investors are confused by the precious metal’s movement. After all, silver is a safe-haven asset that generally fares well in times of turmoil, and the past year has been packed with tense geopolitical events alongside the ongoing COVID-19 pandemic. The Russian-Ukraine war, increasing oil and gas prices and rising inflation have further heightened global economic uncertainty.

Unfortunately, answering the question, “When will silver go up?” is tricky. Even seasoned analysts can’t tell the future, and it’s difficult to find a consensus on the topic of when it will exit its bear market and enter a bull market.

Keep reading...Show less

SILVERCORP REPORTS MINERAL RESERVES AND RESOURCES AND EXTENDS LIFE OF MINE TO 2037 AT THE YING MINING DISTRICT

Trading Symbol: TSX/NYSE American: SVM

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report the results of an updated National Instrument ("NI") 43-101 Technical Report on Mineral Resources and Mineral Reserves for the Ying Property ("The Ying 2022 Technical Report") (Mineral Resources and Mineral Reserves effective December 31, 2021 ), prepared by AMC Mining Consultants ( Canada ) Ltd. ("AMC"). The Ying 2022 Technical Report covers all the mines in the Ying Property (also referenced as the "Ying Mining District") in Henan Province China namely the SGX, HZG, HPG, TLP, LME, LMW and DCG underground mines.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
silver $100 bills and phone

Could the Silver Price Really Hit US$100 per Ounce? (Updated 2022)

The silver price made waves in 2020 when it rose above US$20 per ounce for the first time in four years. Despite volatility, theprecious metal has managed to stay securely above that level in 2022.

Nonetheless, well-known figure Keith Neumeyer, CEO of First Majestic Silver (TSX:FR,NYSE:AG), has frequently said he believes the white metal could climb even higher, reaching into the triple digits.

Neumeyer has voiced this opinion often, most recently in a March 2022 interview with Kitco. He put up a US$130 price target in a November 2017 interview with Palisade Radio, and has reiterated his triple-digit silver price forecast in multiple interviews with Kitco: one in March 2018, one at the top of 2020 and another in May 2021.

Keep reading...Show less

Fortuna to present at the Gold Forum Americas 2022 conference in Colorado Springs, Colorado

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that it will be presenting at the Gold Forum Americas, which is being held at the Broadmoor Hotel & Resort in Colorado Springs, Colorado, from September 18 th to September 21 st 2022.

Jorge A. Ganoza, President, Chief Executive Officer and co-founder of Fortuna, will be presenting on Monday, September 19 th at 11:20 a.m. MDT.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×