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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 new ... (read more)
BMO Conference 2018
From February 25 to February 28, Kitco News will be bringing you exclusive interviews with analysts, experts, and of course, executives of major gold and silver mining companies. Over the years, BMO Capital Markets have consistently attracted prominent investors, analysts and executives by providing valuable forums to explore strategies, trends and opportunities.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
