Categories: Coin Shop Blog

Silvercorp Sees Production at TLP and LM Mines Resuming Soon

Silvercorp Metals Inc. (TSX:SVM) announced that production at the Ying mining district and the GC mine has gradually been rising back up to normal levels since the end of February, when the Chinese New Year holiday ended.

As quoted in the press release:

Subsequently, on March 11, 2016, the power line to the TLP and LM Mines was interrupted as nine power poles were damaged by a blast from a government crew working on widening the access road in the direction of the TLP mine. As a result, production at the TLP and LM Mines stopped, but is expected to resume by March 18, 2016. As a result, it will affect about 4,300 tonnes of ore production from these mines, representing approximately 4% of the total quarterly production projection from the Ying Mining District.

Click here to read the full Silvercorp Metals Inc. (TSX:SVM) press release.

Get Our Expert Guide to Silver Investing FREE!

 

Download this FREE Special Report, When Will Silver Go Up: Is the Highest Price of Silver Still to Come?

 

The post Silvercorp Sees Production at TLP and LM Mines Resuming Soon appeared first on Investing News Network.

admin

Share
Published by
admin

Recent Posts

Wolfden Continues to Hit High-Grade in Deep Drilling at Pickett Mountain

Wolfden Resources (TSXV:WLF) has announced that additional deep drill holes in the company's ongoing infill and…

6 years ago

Gold Set to Soar Above $1,300 – Goldman and Bank of America

Gold Set to Soar Above $1,300 – Goldman and Bank of America – Growing fiscal…

6 years ago

1792 Half Disme Sold For Record Price Of Nearly $2 Million

The finest-known 1792 silver half disme, once in the possession of then-Secretary of State Thomas…

6 years ago

Gold Inches Higher, Silver Ends Near 1-Month High

In precious metals futures action Tuesday, gold and palladium climbed for a second straight session…

6 years ago

1792 Half Disme Sold For Record Price

The finest known 1792 silver Half Disme, once in the possession of then-Secretary of State…

6 years ago

Goldnomics Podcast: Silver Guru, David Morgan: Silver and Gold Will Protect in the Coming Currency Collapse

Goldnomics Podcast: Silver Guru – David Morgan – Silver and Gold Will Protect in the…

6 years ago