Silverco’s La Negra posts $329M value over $21M costs

AI desk brief

Silverco’s La Negra PEA outlines a low-capex restart with strong economics: $329M post-tax NPV at 5%, 131% IRR and only about $21M in initial costs, with commercial production targeted for H2 2027. Over an 8.2-year mine life the project could produce 19.3Moz silver, alongside 39.8M lb copper, 93.5M lb lead and 197.1M lb zinc.

The study uses silver at $50/oz and cites existing infrastructure as the key reason for the low capital intensity. Silverco also said a 15,000m drill program is underway, the first large-scale exploration at La Negra in two decades, which could support resource conversion and mine-life extension.