Silvercorp announced its off-market takeover bid for all of the ordinary shares in OreCorp that it does not already own will close on March 22, 2024...
The accuracy of publicly available silver inventory statistics is questionable. Should the deficit between output and consumption persist, it is hard to see how the silver price won’t climb.
AB 29 would exempt “precious metals bullion,” defined as coins, bars, rounds, and sheets that contain at least 35% gold, silver, copper, platinum, or palladium.
The company sold approximately 1,342 ounces of gold, 1.7 million ounces of silver, 16.2 million pounds of lead, and 7.3 million pounds of zinc, for revenue of $58.5 million.
The interview, conducted by Coreena Robertson on The Watchlist, featured Lon Shaver, President of Silvercorp Metals, discussing the differences between Silvercorp's offer for OreCorp and Perseus's hostile bid.
My analysis clearly shows just how successful this phase of Silvercorp’s exploration drilling has been in defining areas of high-grade mineralisation at the TLP Mine for mining in the future.
I speak with the President and CEO of Outcrop Silver & Gold, Ian Harris about the large physical silver deficit in the silver markets along with the plans for the company in 2024.
Silvercorp's CEO Feng stated Helen has expertise in capital markets, strategic planning, and M&A. "We look forward to her valuable contributions in our ongoing merger and acquisition efforts to unlock value for our shareholders."
