RockBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Raises El Domo Construction Budget to $298.2 Million, Delays Production to November 2027
This article has been disseminated on behalf of Silvercorp Metals and may include paid advertising. Silvercorp Metals (TSX: SVM) (NYSE American: SVM) announced an updated construction budget and schedule for its El Domo Project in Ecuador. The revised budget totals $298.2 million, an increase of $14.6 million from the $283.6 million estimate released Feb. 4, 2026. The increase primarily reflects higher diesel fuel costs following the elimination of Ecuadorian fuel subsidies, additional water management infrastructure, power supply requirements and processing plant construction costs. These increases were partially offset by $9.8 million in budget reductions, including construction efficiencies and a lower…