11:00 AM EDT, 08/05/2025 (MT Newswires) -- Silvercorp Metals ( SVM ) up 4.2% on last look, on Tuesday said the Constitutional Court of Ecuador has upheld the environmental license for the El Domo mining project after it rejected the final legal challenge against it. The lawsuit was first filed in June 2024 in a local court in Bolivar province.

The El Domo Project is the first mining project in Ecuador to have conducted an environmental consultation aligned with standards detailed in a multilateral treaty adopted in 2018, in Costa Rica, the company said.

According to a statement, the environmental license for the project was supported by 98% of the population within the project's area of influence.

Silvercorp was last seen up $0.25, to $6.21 on the Toronto Stock Exchange.

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