Silver X Mining is emerging as a key player in the silver mining industry, leveraging Peru’s renowned Huancavelica silver district. With a strategic approach focused on long-term growth, sustainability, and community involvement, the company is positioning itself to meet the growing global demand for silver, especially as the metal becomes crucial in green technologies like electric vehicles and solar energy.
At the heart of its operations is the Nueva Recuperada Silver Project. Located in one of the world’s richest silver regions, the project spans 20 472 ha and is rich in high-grade silver and polymetallic mineralisation. By using modern mining techniques, Silver X aims to revive this historic district, tapping into its extensive resource base while contributing to the sustainable development of the region.
Expansion and scalability: Key to future growth
Silver X is focused on expanding its operations. In 2023, the company acquired and revitalised the Nueva Recuperada processing plant, which had been on care and maintenance since 2014. The plant’s processing capacity is being increased from 600 to 720 t/d, targeting annual production of 2 million silver-equivalent oz, with plans to ramp up to 6 million oz by 2028.
The company is also expanding with two other mining units: Tangana Mining Unit (TMU), already in production, and the Plata Mining Unit (PMU), which is expected to come online in 2026. These units will significantly boost production capacity and strengthen Silver X’s position as a growing silver producer in the region.
A strong resource base
In 2025, Silver X updated its resource estimate for Nueva Recuperada, revealing an 18% increase in measured and indicated resources, now totalling 4.3 million t. Inferred resources also saw a 45% rise, showcasing the company’s ability to expand its resource base and solidify its future production potential. Notably, the Plata Mining Unit alone holds 5.81 million oz of silver in indicated resources, with inferred resources estimated at 26 million oz, further underscoring the scale of the opportunity.
Sustainability and community commitment
Silver X is committed to responsible mining practices that benefit local communities. The company focuses on creating jobs, supporting local businesses, and fostering strong relationships with local stakeholders. This approach ensures that the operations contribute to sustainable growth, providing long-term value for both the company and the communities it serves.
The investment case
For investors, Silver X offers a compelling opportunity. With a growing resource base, expanding production capabilities, and a commitment to sustainability, the company is well-positioned to capitalise on the increasing demand for silver. As it continues to scale up production in one of the world’s most productive silver districts, the company presents a promising growth story in the global silver market.
In a world where silver is becoming essential for future technologies, Silver X Mining is emerging as a key player, with a clear path to success in the global mining landscape.