Silvercorp Metals’ El Domo production target slips four months to November 2027 after heavy rainfall
SVM•Prolonged heavy rainfall delayed Silvercorp Metals’ El Domo project by four months, pushing its targeted production start to November 2027. The construction budget increased by $14.6 million to $298.2 million.
1. Production target delayed
Prolonged heavy rainfall has delayed Silvercorp Metals’ El Domo project by four months, pushing the targeted production start to November 2027.
2. Budget and power costs
The construction budget rose $14.6 million to $298.2 million, reflecting higher diesel costs, water-management upgrades and other construction increases. Delays to power-line construction could prolong reliance on diesel generators and potentially increase operating costs.
