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Silvercorp eyes Philippines with Celsius takeover

May 17, 2023May 19, 2023 Miners News
Philippines Flag

Silvercorp Metals has signed a non-binding term sheet to acquire Celsius Resources for A$56 million. Celsius’ advanced-stage Maalinao-Caigutan-Biyog copper-gold project in the Philippines will move Silvercorp into being a diversified precious-base metals producer. Full story.

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Asia, FeatureCelsius Resources, green energy, Pacific Rim Metallogenic Belt, Silvercorp Metals, Underground mining

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