Highlights (in US$) 2012 was the highest year of production and sales since the start of operations in 2009. Silvermet continues to generate positive cash flow with a strengthening working capital balance, no debt, relatively stable zinc prices and smelter … Continue reading →

Silvermet Inc. (“Silvermet” or the “Company”) (SYI – TSXV) announced today that it has filed a Notice of Intention to make a Normal Course Issuer Bid (“NCIB”) with the TSX Venture Exchange, which will extend the current NCIB (March 12, … Continue reading →

Silvermet Inc. (“Silvermet” or the “Company”) (TSXV: SYI) is pleased to announce that the European Bank for Reconstruction and Development (“EBRD”), has approved a project finance loan of US$49 million, which amount is equal to 70% of the estimated US$70 … Continue reading →

Highlights (in US$) During Q3, 2012, Silvermet’s BST joint venture continued to develop its two new projects in the Adana and Izmir regions of Turkey. Activities during the quarter included: Environmental Impact Assessments (“EIA”) for the Izmir and Adana plants … Continue reading →

Highlights (in US$) The highlights of the Company’s Q2, 2012 results include the following (operational figures expressed at 100%): Silvermet is debt free. At June 30, 2012, it has cash and credit facility receivable of $4.3 million, or $0.027 per … Continue reading →

Silvermet Inc. (“Silvermet” or the “Company”) (TSXV: SYI) announced today that operations have been halted due to a strike by unionized personnel at the Waelz kiln facility located in Iskenderun, Turkey. Negotiations with union representatives are continuing. Stephen G. Roman … Continue reading →

Highlights (in US$) The highlights of the Company’s Q1, 2012 results include the following (operational figures expressed at 100%): Silvermet is debt free. At March 31, 2012, it has cash and credit facility receivable of $4.0 million, or $0.025 per … Continue reading →

Highlights (in US$) All corporate debt has been retired. Silvermet is debt free and with cash and credit facility receivables of $4.1 million at December 31, 2011, or $0.026 per share. Production in 2011 increased by 33% to 15,328 Dry … Continue reading →

Silvermet Inc. (“Silvermet” or the “Company”) (TSXV: SYI) announced today that it has filed a Notice of Intention to make a Normal Course Issuer Bid (“NCIB”) with the TSX Venture Exchange. Under the Normal Course Issuer Bid and subject to … Continue reading →

Highlights Gross sales revenue in 2011 increased by 13% to $17.9 million (at 100%) from $15.9 million in 2010. Sales volume in 2011 increased by 15% to 14,421 DMT (Dry Metric Tonnes zinc concentrate) from 12,581 DMT in 2010. Production … Continue reading →