China-focused Silvercorp extends holiday shutdown

Canadian mining company Silvercorp, which produces silver, lead and zinc metals in concentrates from mines in China, is taking an extended holiday season, in line with the Chinese central government’s efforts to contain the spread of the coronavirus.

Silvercorp’s production was suspended on January 17 for the Chinese New Year holiday, and was scheduled to restart on February 1. However, with the government extending the holiday by three days to February 3, Silvercorp will only restart production on February 10.