Monday, 28 January 2013

Silvercorp Metals bolsters management with two key appointments in China

Vancouver-based Silvercorp Metals (TSE:SVM)(NYSE:SVM) says it has added two to its management team in China to support its growth efforts. 
The company is currently developing its GC project in southern China, which it expects will become its next operating mine early this year.
Silvercorp said Monday that Dr. Yi Huang has been appointed chief mining engineer, after previously having held the role of principal mining engineer at global consulting and project management firm AMEX. 
Prior to joining AMEC, Dr. Huang held senior mining engineering positions with several Canadian mining companies, the company said. 
The second appointment is Guangrong Qian, who will take the role of deputy general manager of the company's operations in China. 
Previously, Qian held various exec positions with large mining companies in China and has experience in mine management and production planning.
In a statement, Silvercorp said it looks forward to the contributions from its two new management additions, "augmenting an already experienced and talented operations team". 
Silvercorp is a silver‐producing Canadian mining company with multiple mines in China. It has paid a cash dividend since 2007.  In December 2010, Silvercorp received a mining permit on the GC project, with the construction of a 1,600 tonne per day mine and mill currently underway. The property is located about 200 kilometres west of Guangzhou City, Guangdong Province, southern China.

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