As the back and forth between corporate end government entities comes to a close, America's Gold and Silver Corporation is looking to reopen the Cosala operations. The agreement will allow an expected 2.5 million ounces of silver annually.
Endeavor's silver projects continue to shine in its Mexican exploration sites. The company exceeded its Q2 drilling and yield goals by 25%. As it over performs it is also considering expansion in the region in both Chile and Mexico.
Successful drilling in 2020 has caused more optimism for 2021. Benchmark is setting the pace with successful drilling at several locations throughout British Columbia. These sites have yielded high-grade ore and have opened the door for even greater development down Read More
Mexican silver exploration continues to expand with new projects by Fabled Silver Gold Corp. in Parral, Mexico. The updated drilling holes have continued to yield high-grade silver and the company is looking ahead to what is next in this mineral-rich Read More
Fortuna and Roxgold merge to create a larger footprint to move forward. The new entity is expected to leverage their size and current rising prices into new development and exploration for gold and silver.
As the summer moves forward, activity is somewhat muted. But inflation and continued liquidity will keep things percolating for the medium term.
Even though silver seems down for 2021 so far, the outlook going forward is strong. Long term growth in demand is predicted to rise as high as 11% in coming years.
Modern mining techniques are revitalizing and driving many Latin American exploration projects. In conjunction with rising prices and continuing fears of inflation, many companies are seizing the opportunities provided.
The US Federal Reserve can often sound confusing in its verbiage. Her is a look at some sound statistics and data that show gold’s capacity as a hedge.
The numbers for last month are in and show a bounce back on gold. Largely attributed to the drop in the dollar, other factors such as treasury yields fell as well.