Silvercorp Metals Inc. reported production and sales results for the third quarter ended December 31, 2025, delivering record revenue of approximately $126.1 million. This represents a 51% increase year over year, highlighting significant financial growth for the Canadian mining company. During the quarter, silver production totaled 1.9 million ounces while silver equivalent production reached 2.0 million ounces, demonstrating the company's operational strength in precious metals.
The company also produced 16.4 million pounds of lead and 7.0 million pounds of zinc during the quarter, showcasing its diversified mineral portfolio. At the Ying Mining District, Silvercorp stockpiled 61,105 tonnes of ore for processing during the Chinese New Year period, ensuring operational continuity during seasonal disruptions. This strategic planning reflects the company's focus on maintaining consistent production output throughout the year.
Exploration activities advanced significantly across the Ying Mining District and GC Mine with more than 89,000 meters of drilling and over 22,000 meters of exploration tunneling completed during the quarter. These extensive exploration efforts support Silvercorp's organic growth strategy through discovery and resource expansion. The company's commitment to exploration is detailed in their corporate communications available at https://ibn.fm/SVM.
Construction continued at the Kuanping mine, where 3,297 meters of ramp development was completed during the quarter. This development work supports future production capacity and aligns with the company's strategy of focusing on generating free cash flow from long-life mines. Silvercorp expects to release its unaudited Q3 Fiscal 2026 interim financial results on Monday, February 9, 2026, after market close, with the full press release available at https://ibn.fm/LDgCa.
The company's performance demonstrates the resilience of mining operations focused on precious and base metals amid global economic fluctuations. For business leaders and investors, Silvercorp's record revenue growth combined with aggressive exploration spending suggests a balanced approach to both immediate financial returns and long-term resource development. The mining sector's continued importance in supplying critical materials for technology and industrial applications makes such operational successes particularly relevant for supply chain considerations.
Silvercorp's strategy emphasizes four key pillars: generating free cash flow from long-life mines, organic growth through extensive drilling, ongoing merger and acquisition efforts to unlock value, and long-term commitment to responsible mining and ESG principles. This comprehensive approach positions the company to navigate both market opportunities and regulatory environments in the mining sector. The broader implications for industry observers include monitoring how mid-tier mining companies balance production growth with exploration investment in an era of increasing focus on sustainable resource extraction.
