<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G/A</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0000869178</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>8</amendmentNo>
<securitiesClassTitle>COMMON SHARES</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001340677</issuerCik>
<issuerName>SILVERCORP METALS INC</issuerName>
<issuerCusip>82835P103</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Suite 1378, 200 Granville Street</com:street1>
<com:city>Vancouver</com:city>
<com:stateOrCountry>A1</com:stateOrCountry>
<com:zipCode>V6C 1S4</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>VAN ECK ASSOCIATES CORP</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>19521053</soleVotingPower>
<soleDispositivePower>19608109</soleDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>19608109</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>9.01</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>SILVERCORP METALS INC</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Suite 1378, 200 Granville Street, Vancouver, British Columbia, Canada, V6C 1S4</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Van Eck Associates Corporation</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>666 Third Ave. - 9th Floor, New York, New York 10017</principalBusinessOfficeOrResidenceAddress>
<citizenship>Delaware</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>IA</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>19,608,109</amountBeneficiallyOwned>
<classPercent>9.01</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>19,521,053</solePowerOrDirectToVote>
<solePowerOrDirectToDispose>19,608,109</solePowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>VAN ECK ASSOCIATES CORP</reportingPersonName>
<signatureDetails>
<signature>Ashley Sousa</signature>
<title>Ashley Sousa, Assistant Vice President</title>
<date>02/14/2025</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
