Silver Mountain's Reliquias Mine Achieves First Concentrate Production in Peru

Published: Sep 24, 2026 16:47 (GMT+8)

Save

Silver Mountain Resources Inc. announced on September 21 that its Reliquias underground silver polymetallic mine in Peru had achieved first concentrate production.

The Caudalosa processing plant has commenced concentrate production, confirming the operational readiness of the processing circuit and supporting infrastructure, in line with the company’s previously announced schedule to commence production in the third quarter of 2026. Initial feed came from approximately 45,000 tonnes of stockpiled material accumulated during underground mining operations. Concentrate shipments are expected to begin in October 2026.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 mins ago

Longer Holiday Breaks Across Zinc Downstream Industries: When Will Consumption Recover? [SMM Analysis]

With the Mid-Autumn Festival and National Day holidays approaching, SMM recently conducted a survey on holiday schedules and production arrangements among downstream zinc enterprises. The survey covered 88 companies across four sectors—galvanizing, galvanized sheet, die-cast zinc alloy, and zinc oxide—with a combined annual production capacity of approximately 43.82 million mt.

17 mins ago

28 mins ago

Zinc Concentrate Market Sees Fewer Offers, Narrowed Losses as Holidays Approach and Smelters Seek Winter Stockpile

[Imported Zinc Concentrate Market] With the National Day and Mid-Autumn Festival holidays approaching, concentrate traders have made relatively few offers this week. However, losses on imported concentrates have narrowed significantly from early September. Meanwhile, with smelters making inquiries for winter stockpiling, some domestic smelters have shown stronger procurement interest, prompting concentrate traders in the market to continue lowering their treatment charge offers.

28 mins ago

29 mins ago

Sulfuric Acid Price Drop Squeezes Zinc Smelter Margins, Supply Recovery Limited

[Domestic Zinc Concentrate Market] Domestic sulfuric acid prices have declined significantly in recent months, with prices in some regions falling below 1,000 yuan/tonne. This has continued to squeeze smelter margins, reducing smelters’ willingness to accept further cuts in treatment charges for October. However, there has been no significant recovery in supply, and the overall supply-demand balance for domestic zinc concentrate is expected to see limited improvement in October.

29 mins ago