RERUN: Have We Reached Peak Silver? - Hecla CEO Weighs In

A lack of silver exploration in the last 30 years has caused silver production to reach a peak, said Phil Baker, CEO of Hecla Mining.
“I would characterize it as having reached a peak level of silver production,” Baker told Kitco News on the sidelines of the BMO Global Metals & Mining Conference. “There hasn’t been an exploration, certainly in the lead and zinc area, and so there is a continued coming deficit.”
Baker noted that silver has demand from new applications that have come into existence in the last 20 years, such as photovoltaic cells, and film equipment. (show less)

A lack of silver exploration in the last 30 years has caused silver production to reach a peak, said Phil Baker, CEO of Hecla Mining.
“I would characterize it as having reached a peak level of silver production,” Baker told Kitco News on the sidelines of the BMO Global Metals & Mining Conference. “There hasn’t been an exploration, certainly in the lead and zinc area, and so there is a continued coming deficit.”
Baker noted that silver has demand from ... (read more)

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