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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Silvercorp provides Ying Ming District update
Canada-based Silvercorp Metals has provided an update on the construction plan and progress of its new flotation mill and tailings storage facility at the Ying Mining District in Henan Province, China. Read full article from The Asia Miner.
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