A lot is at stake for consumer and electronics companies whose products rely on metals such as silver. Here are eight companies with operations in Mexico and other locations working to address those needs.
Higher industrial demand for commercial product applications continue to drive silver mining and expansion in exploration. Because of this, Mexico is once again among the world's top producers
Sometimes smaller companies merge with larger ones. But in the case of Agnico Eagle Mines Ltd and Kirkland Lake Gold Ltd, companies with the same general size and capabilities can merge to create a stronger senior producing leader.
As silver demand increases globally, many operations are restarting. Some were effected by COVID-19 and others by a host of issues. Americas Gold and Silver is reopening operations in Mexico at its Cosala operation. Output is expected to reach 2.5 million Read More
High-tech commercial silver use is driving silver to be the next techno metal. With fully 28% of all silver in the US used for electric and electronic devices, silver's place seems set to grow as companies search for content for valuable Read More
Silver continues its up and down cycle for individual companies. Yet companies like Endeavor Silver, while seeing some drop in value, continue to produce at rich sites such as its Terronera Mine Project in a race to move from a Read More
Sinaloa, Mexico is home to many silver mining projects and is a rich area for exploration. GR Silver Mining's Plomasas project has just returned resource estimates that will be used to plan further drilling operations at that site.
With silver continuing to hold its own and increasing in commercial applications, companies such as Guanajuato Silver Company Ltd, are ramping production. Plans for Guanajuato's El Cubo mine will result in additional employment and output at the facility.
There are many established projects in gold and silver mining in Mexico. But new projects and expansions are set to continue through 2021 and into next year. With a target of $5 billion USD, Mexico remains a hot spot.
Inflation, market volatility, international conflict, and other factors continue to drive up gold. Companies such as First Majestic are even offering dividends as their year-over-year gold and silver yields have increased dramatically.