Silvercorp’s Q1 revenue jumps to $69.7-million
Silvercorp Metals Inc. has achieved record silver production and record sales for the first quarter of fiscal 2012.
Highlights
- Record revenues of $69.7-million (U.S.), representing a 90-per-cent increase compared with the same quarter of fiscal 2011;
- Record silver production of 1.6 million ounces, up 15 per cent from the same period a year ago;
- Gold production of 1,390 ounces, a 30-per-cent increase compared with the same period last year.