Company Interview / Mining for sterling results

Jo Battershill of Silver Mines (ASX:SVL) shares insights on the Bowden's Silver Project, Australia's largest undeveloped silver deposit. An optimisation study confirms Bowden's as a major global silver project with economic viability and plans to produce 50 million ounces over 16 years.

Jo highlights challenges with New South Wales development consent, affecting confidence in project timelines. Yet, new legislation aims to resolve issues, potentially restoring momentum for approval in the first half of next year.

Jo also notes inflation's impact on costs since 2018, yet expects robust project returns. Despite challenges, Silver Mines (ASX:SVL) aims to benefit from rising industrial demand for silver, underscoring its significance in the global market.