November 7, 2024

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Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing

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Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing
Silver Miners Unlikely to Meet Demand Even if Prices Keep IncreasingThe silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the high extraction costs and the time needed for developing new mines. Upcoming Silver Supply Crunch Might […]