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Silvercorp’s $60 silver play: China cash flow, Ecuador, Kyrgyzstan and Hong Kong

Silvercorp Metals (TSX: SVM; NYSE American: SVM) President Lon Shaver joins Kitco Mining’s Kitco Spotlight with Paul Harris to discuss silver’s volatile run, the company’s low-cost China operations, and its plan to grow across Ecuador and Kyrgyzstan. Shaver said silver’s pullback should be viewed against the scale of the move that came before it, with the metal still trading near $60 per ounce after roughly doubling from early 2025 levels. Silvercorp produced 6.8 million ounces of silver and 7.5 million ounces silver equivalent in fiscal 2026, which ended March 31, at an all-in sustaining cost of $14.25 per ounce. Shaver also outlines Silvercorp’s project pipeline, including El Domo and Condor in Ecuador and the Tulukbash and Kyzyl Tash gold projects in Kyrgyzstan. He discusses the company’s planned Hong Kong listing, emerging market valuation discounts, project financing, M&A strategy, New Pacific Metals, and key catalysts for 2026 and 2027.

Guests: Lon Shaver
Source: Kitco Mining
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