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Silvercorp Announces Ecuador Constitutional Court Decision Upholding Environmental License for El Domo Project
Silvercorp Announces Ecuador Constitutional Court Decision Upholding Environmental License for El...
About this update from Silvercorp Metals Inc.
[{"type":"text","content":"\n\n\n\n Silvercorp Announces Ecuador Constitutional Court Decision Upholding Environmental License for El Domo Project\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n Trading Symbol: TSX/NYSE American: SVM\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 5, 2025\n \n\n /CNW/ - Silvercorp Metals Inc. (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) is pleased to report that the Constitutional Court of\n \n Ecuador\n \n has delivered a unanimous decision rejecting the final legal challenge in\n \n Ecuador\n \n against the environmental license for the El Domo mining project, thereby definitively upholding its validity.\n \n\n The El Domo Project, currently under construction, is the first mining project in\n \n Ecuador\n \n to have conducted an environmental consultation aligned with standards of the\n \n Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters in\n \n Latin America\n \n and the\n \n Caribbean\n \n\n , a multilateral treaty adopted on\n \n March 4, 2018\n \n , in Escazú,\n \n Costa Rica\n \n . This process has now been validated by multiple levels of the Ecuadorian judiciary, including ordinary courts and the Constitutional Court.\n \n\n The environmental license for the project was supported by 98% of the population within the project's area of influence. The El Domo Project is expected to bring significant long-term socio-economic benefits to the local community of Las Naves.\n \n\n\n Summary of Judicial Proceedings\n \n\n\n On\n \n June 5, 2024\n \n , a group of individuals filed a constitutional protection action against the Ministry of Environment, Water, and Ecological Transition (\"MAATE\"), seeking to challenge the environmental license and consultation process for the El Domo Project. On\n \n July 24, 2024\n \n , the local court in Las Naves Canton, Bolívar Province,\n \n Ecuador\n \n dismissed the action, confirming that MAATE had complied with applicable environmental consultation requirements prior to issuing an ...