Despite their huge correction, the elite silver miners’ fundamentals remain strong. They are producing at costs far below prevailing silver levels, with profits poised to soar as silver recovers.
Preliminary deal is part of a series of agreements signed this week that will see China pouring close to $5.3 billion into Peru’s mining and energy sector.
The government has also said it supports introducing a new mining code, but previous attempts to introduce new legislation have been stalled for several years due to political and industry resistance.
The new new agreement on the Coastal GasLink natural gas pipeline project will help ensure that the Saulteau community can participate in and benefit from B.C.'s LNG opportunity.