Northwire Canada EditionThursday, July 30, 2026
Northwire
TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3% TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3%
Regulatory

Silvercorp cheers court upholding of El Domo licence

SVM · Price

Executive Summary

  • The Ecuadorian Constitutional Court unanimously upheld the environmental licence for Silvercorp’s El Domo project, ending all legal challenges.
  • The decision confirms that the project's environmental consultation met national and multilateral standards and was supported by 98 % of the local population.
  • No material impact on project advancement to date; the company remains on schedule to move El Domo toward production.

Key Details

  • Court Decision: On July 24 2025, the Constitutional Court rejected a clarification motion, effectively confirming its earlier refusal to admit an extraordinary protection action filed by anti‑mining plaintiffs.
  • Legal Timeline:
  • June 5 2024 – Plaintiffs filed constitutional protection action.
  • July 24 2024 – Local court dismissed the action.
  • Oct. 17 2024 & Nov. 12 2024 – Provincial court upheld dismissal.
  • Dec. 19 2024 – Plaintiffs filed extraordinary protection action (EPA).
  • Feb. 26 2025 – Constitutional Court declined to admit EPA.
  • Mar. 3 2025 – Plaintiffs sought clarification; denied on July 24 2025.
  • Environmental Consultation: First Ecuadorian mining project to conduct consultation under the Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters (Escazú Agreement).
  • Local Support: 98 % of residents within the project's area of influence supported the licence.
  • Project Status: El Domo remains under construction; no material delays reported despite ongoing disruptive activities by anti‑mining groups.
  • Socio‑Economic Impact: Company expects significant long‑term benefits for the Las Naves community, though specific figures were not disclosed.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

More from Silvercorp Metals Inc.