Highlights Revenues in YTD-Q3 2011 increased by 15% to $12.8 million (at 100%) (Silvermet’s share – $6.3 million) from $11.2 million in YTD-Q3 2010. The Company was cash flow positive and profitable. Operations continued to benefit from reduced smelter treatment … Continue reading →

Highlights Operations were cash flow positive and profitable Benefited from reduced smelter treatment charges in Q2, 2011 Production increased by 63% to 3,400 DMT from 2,086 DMT in Q2, 2010 (Dry Metric Tonnes zinc concentrate containing an average grade of … Continue reading →

Highlights Operations are cash flow positive and profitable in 2001 Q1 Production increased by 43% to 3,144 DMT (Dry Metric Tonnes zinc concentrate containing 68% zinc on average) from 2,195 DMT in Q1 2010 despite a 15 day planned shutdown … Continue reading →

Highlights Silvermet achieved cash flow positive operations in Q3, 2010. Silvermet signed a 51%/49% joint venture with Befesa Medio Ambiente, S.A. (“Befesa”) of Spain, and formed Befesa Silvermet Turkey S.L. (“BST”). Production increased 110% to 11,548 DMT (Dry Metric Tonnes … Continue reading →

Silvermet Inc. (“Silvermet” or the “Company”) (TSXV: SYI) is pleased to announce significantly improved results for 2010 and a continuation of the third quarter improvements into the fourth quarter: Production more than doubled to 11,605 DMT (dry metric tonnes zinc … Continue reading →

Silvermet Inc. (the “Company”) (TSXV: SYI) is pleased to announce that it has granted options to purchase up to an aggregate of 500,000 common shares of the Company to its newly appointed Director, Mr. Asier Zarraonandia. The stock options are … Continue reading →

Highlights Revenues increased by 199% from $1.6 million in 2009 Q3 to $4.8 million in 2010 Q3. EBITDA increased by 403% from a loss of $0.6 million in 2009 Q3 to $1.2 million in 2010 Q3 Year-to-date revenue increased by … Continue reading →

Silvermet Inc. (“Silvermet” or the “Company”) (TSXV: SYI) is pleased to announce that5,725,000 of the warrants issued in connection with the May 1, 2009 private placementhave been exercised prior to their expiry on November 5, 2010. Accordingly, the Companyhas issued … Continue reading →

Silvermet Inc. (“Silvermet”) (TSXV: SYI) is pleased to announce the closing of thepreviously announced joint venture and strategic investment with an affiliate of BefesaMedio Ambiente, S.A. (“Befesa”) of Erandio, Spain. As a result, the Turkish operationsare now held through the … Continue reading →

Silvermet Inc. (“Silvermet”) (TSXV: SYI) is pleased to announce the signing of a definitive Investment Agreement with an affiliate of Befesa Medio Ambiente, S.A. (“Befesa”) of Erandio, Spain. Befesa is the largest processor of electric arc furnace dust (“EAFD”) in … Continue reading →