BASE METALS

New Chinese regulations bite Silvercorp's production

The regulations, effective from 1 Sept, include underground workface temperatures not exceeding 30C

From Q1 to Q2, Silvercorp’s respective production volumes of silver, lead, and zinc fell from 164,000oz to 141,000oz, 2.37 million lbs to 1.78 million lbs, and 5 million lbs to 4.01 million lbs.

From Q1 to Q2, Silvercorp’s respective production volumes of silver, lead, and zinc fell from 164,000oz to 141,000oz, 2.37 million lbs to 1.78 million lbs, and 5 million lbs to 4.01 million lbs.

"Mining operations at the GC Mine were partially affected in August and September 2022 as the Company worked on improving ventilation and electric power facilities to comply with several new safety production...

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