Is There Enough Silver Out There? Endeavour Silver CEO Speaks

The forecast calls for a multi-year decline in new mining supply of silver, said Endeavour Silver CEO, Bradford Cooke.“Silver is the one metal that is primarily a by-product of copper, lead, and zinc mines, and in a five-year commodity bear market, there are no new copper, lead, and zinc mines,” Cooke told Kitco News on the sidelines of the PDAC 2018. Cooke noted that silver prices for the short-term are already “baked in” as he expects silver to trade in a similar price range in the coming months, with low volatility. (show less)

The forecast calls for a multi-year decline in new mining supply of silver, said Endeavour Silver CEO, Bradford Cooke.“Silver is the one metal that is primarily a by-product of copper, lead, and zinc mines, and in a five-year commodity bear market, there are no new copper, lead, and zinc mines,” Cooke told Kitco News on the sidelines of the PDAC 2018. Cooke noted that silver prices for the short-term are already “baked in” as he expects silver to trade in a similar ... (read more)

PDAC 2018

PDAC 2018
The Prospectors & Developers Association of Canada (PDAC) is best known for its annual convention, bringing together prospectors, developers, geoscientists, consultants, and mining executives, among others. Considered the mammoth of all mining conferences, this annual event attracts more than 24,000 attendees from more than 130 countries. Don't miss our coverage brought to you by Uranium Energy Corp and GoldMining Inc.

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