Silver miners struggle to keep up with demand

Move hands First Majestic a group of high-grade, large silver deposits in the Los Gatos district of Mexico’s Chihuahua state. 

The post-tax NPV (at a 5% discount rate) comes to $326 million, with capital spending of $178 million.

Glencore's head of Peruvian operations is stepping down from her position.

Rising silver prices will, in theory, incentivize more production. But the costs of extraction are rising sharply. 

While gold has hit record highs this year, silver remains undervalued.

Designated a ‘project of national interest,’ the Alacran open pit is set to be Colombia’s largest copper mine.

The Borealis project consists of a fully permitted mine equipped for present operations and future expansions.

Drilling in 2024 intersected bornite-rich sections, with assay results for these holes still pending.

The Bolivian assets were acquired by Santacruz in late 2021 from Glencore in a deal worth over $102 million.