Silvercorp Metals Says SGX Mine Permit Has Been Renewed For Another 11 Years With Increased Capacity Of 500,000 Tonnes Per Year
Portfolio Pulse from Benzinga Newsdesk
Silvercorp Metals has announced the renewal of its SGX mine permit for another 11 years, with an increased capacity of 500,000 tonnes per year. This development is significant for the company's future production capabilities.
October 08, 2024 | 9:21 pm
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Silvercorp Metals has successfully renewed its SGX mine permit for 11 more years, with an increased production capacity of 500,000 tonnes per year. This is a positive development for the company's production outlook.
The renewal of the SGX mine permit for 11 years with increased capacity is a significant positive development for Silvercorp Metals. It ensures long-term production stability and potential growth, which is likely to positively impact the stock price in the short term.
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