Video News/Rule Symposium 2025

$40 silver coming? Supply crunch, M&A, and why miners still lag | Keith Neumeyer

Silver is hovering near $37/oz, its highest level in over a decade - but mining equities still lag. In this Kitco News interview from the Rule Symposium in Boca Raton, Florida, First Majestic Silver CEO Keith Neumeyer explains why silver miners haven’t caught up to the metal’s breakout, what’s driving the supply crunch, and how M&A and investor positioning are reshaping the sector. Neumeyer says institutional interest is surging, retail margins are at record highs, and the company’s balance sheet is the strongest in its 22-year history. But he warns the industry needs “triple-digit silver” to bring new low-grade projects online - and says the market is still early in a new bull cycle. Special thanks to our sponsor, G mining Ventures, for making this coverage possible. To learn more, visit: https://gmin.gold//

Guests: Keith Neumeyer
Source: Kitco News
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