Core Insights - Silver prices have surged dramatically in 2025, rising from approximately $30/oz to the low $60s, marking a nearly 100% increase and record highs above $62/oz [2][4] Investment Dynamics - Investment flows into silver ETFs have reversed sharply in 2025, with significant inflows transforming paper demand into actual price support, contributing to the rally [4] - Multiple silver ETFs and foil funds have reported returns of about 100% or more this year, highlighting the importance of ETF inflows in driving silver prices [4] Industrial Demand - Silver's role as a critical industrial mineral has reemerged, with strong demand in sectors such as photovoltaics, electronics, and green technologies, further tightening inventories [5] - Robust manufacturing activity in specific segments has increased the physical demand for silver, exacerbating supply constraints [5] Macro and Policy Influences - A weaker U.S. dollar and expectations of lower interest rates have shifted investor sentiment towards tangible assets like silver, enhancing its appeal as both an industrial commodity and a hedge [6] - Regulatory recognition of silver as a critical mineral has also influenced market dynamics, contributing to its price increase [6] Supply Challenges - Primary silver mining output has remained stable, with a significant portion being a by-product of base-metal mining, making supply less responsive to price changes in the short term [7] - Tightening inventories on major exchanges have reduced the buffer for sellers, leading to rapid price spikes when demand increases [7] Future Scenarios - Ongoing ETF inflows and stable industrial demand could push silver prices towards the mid-$60s and potentially $70/oz by early 2026, especially if macroeconomic conditions remain favorable [8] - A consolidation phase may occur following the >100% price increase, with potential price adjustments to the $45–55/oz range as the market stabilizes [9] - A sharp mean reversion could happen due to unexpected hawkish shifts in central bank policy or significant dollar rallies, although this scenario is less likely if physical demand remains strong [10] Overall Market Perspective - Silver's price movement in 2025 reflects a complex interplay of industrial transformation, changing investor behavior, and macroeconomic factors favoring hard assets, presenting an opportunity with notable volatility [11]

Market Overview - Silver is projected to have its strongest year, with prices recently reaching a high of $64 an ounce and currently around $63, resulting in a year-to-date gain of 114.8%, surpassing gold's 63.9% increase [1][10] - The silver market is expected to face a supply deficit for the fifth consecutive year in 2025, estimated at around 95 million ounces, which is likely to support higher prices [6][10] Demand and Supply Dynamics - Total global silver supply is expected to rise by 1% in 2025 to 1.022 billion ounces, primarily due to a 1% increase in recycling activity, while mine production is anticipated to remain flat [5] - Total demand for silver is projected to be approximately 1.117 billion ounces in 2025, reflecting a 4% decrease from 2024, with industrial demand expected to decline by 2% due to global economic uncertainties [5] Investment Opportunities - Companies such as Fresnillo plc (FNLPF), Hecla Mining (HL), and First Majestic Silver (AG) are recommended for investors, as they are backed by positive earnings revisions and strong growth visibility through 2026 [2] - Fresnillo is expanding its portfolio through the acquisition of Probe Gold, which is expected to enhance its production capabilities and align with its growth strategy [14] - Hecla Mining is focusing on operational excellence and has promising exploration results that could extend its production profile [16] - First Majestic Silver's acquisition of Gatos Silver is expected to boost its free cash flow and enhance its position as a primary silver producer [18] Future Trends - The U.S. Geological Survey has included silver in its 2025 List of Critical Minerals, highlighting its strategic importance in various sectors, which may lead to policy support and efforts to strengthen domestic supply chains [4] - The increasing use of silver in photovoltaic applications and the automotive industry, particularly in electric vehicles, is expected to drive demand as the world transitions to renewable energy and digital infrastructure [7][8][9]

Group 1: Pan American Silver Corp. (PAAS) - The company has a Zacks Rank 1 and its current year earnings estimate increased by 5.7% over the last 60 days [1] - Pan American Silver's shares rose by 39.6% over the last three months, outperforming the S&P 500's increase of 3.6% [1] - The company has a Momentum Score of A [1] Group 2: Omnicell, Inc. (OMCL) - The company has a Zacks Rank 1 and its current year earnings estimate increased by 13.3% over the last 60 days [2] - Omnicell's shares gained 38.8% over the last three months, also outperforming the S&P 500's increase of 3.6% [2] - The company possesses a Momentum Score of A [2] Group 3: MongoDB, Inc. (MDB) - The company has a Zacks Rank 1 and its current year earnings estimate increased by 27% over the last 60 days [3] - MongoDB's shares increased by 31.9% over the last three months, again surpassing the S&P 500's advance of 3.6% [3] - The company has a Momentum Score of B [3]

Core Viewpoint - Silver North Resources Ltd. has announced an increase in its non-brokered private placement, aiming for gross proceeds of up to $2,250,500 from the sale of 6,430,000 flow-through shares at a price of $0.35 per share [1][2]. Group 1: Offering Details - The Offering is fully subscribed and will close shortly [2]. - The proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's Yukon projects, with a deadline for incurring these expenses set for December 31, 2026 [3]. Group 2: Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project (under option to Coeur Mining, Inc.), and the GDR project, all located in favorable jurisdictions for silver mining [4]. - The Company is listed on the TSX Venture Exchange under the symbol "SNAG" and also trades on the OTCQB market in the United States under the symbol "TARSF" [5].

Core Viewpoint - Tier One Silver Inc. has renewed its social access agreement with the Chipispaya community for its Curibaya project in Peru, which is crucial for advancing exploration and drilling activities [1][2]. Group 1: Agreement and Community Engagement - The renewed social access agreement is effective until June 11, 2026, and can be extended with community assembly approval [1]. - The company has committed to supporting local employment and training initiatives as part of the agreement [1]. Group 2: Exploration Potential - The Curibaya project spans 17,000 hectares and is located on a prolific copper porphyry belt, showcasing high-grade silver, gold, and copper exploration potential [2]. - Six distinct high-grade silver-gold mineralized corridors and a compelling copper porphyry target have been identified, although only a small portion of the property has been explored [2]. - The next drilling campaign is planned to start in Q1 2026, focusing on expanding the highest-priority silver-gold target in the Cambaya area [2]. Group 3: Company Overview - Tier One Silver is focused on discovering world-class silver, gold, and copper deposits in South America, with a strong track record in capital raising and exploration success [3]. - The company is also reviewing other resource projects in South America to build a pipeline of prospects for future exploration [3].

Core Viewpoint - Aya Gold & Silver Inc. has filed an updated NI 43-101 Technical Report for the Zgounder Deposit, which includes revised Proven & Probable Mineral Reserves and Mineral Resource Estimates, along with an updated Life of Mine plan extending to 2036 [1][2]. Updated Life of Mine Plan - The updated mine plan supports annual silver production of approximately 6 million ounces over the next 11 years, totaling around 66 million ounces over the Life of Mine [4][6]. - Average operating costs are projected at a cash cost of $16.26 per ounce and $69.47 per tonne of ore processed [6][27]. - Sustaining capital expenditures are estimated at $71 million over the Life of Mine [6][27]. - The mine life has been extended to 2036 based on a capital-efficient open-pit strategy [6][27]. Net Reserve and Resource Growth - Proven & Probable Reserves are now estimated at 73 million ounces of silver at a grade of 145 g/t, reflecting a 4% increase from the previous estimate [6][19]. - The reserve replacement ratio stands at 120%, with additions of 13 million ounces exceeding the 11 million ounces mined since the last estimate [6][19]. - Measured & Indicated Resources total 100 million ounces of silver at 165 g/t, marking a 5% increase from the prior estimate [6][19]. Geological Model and Drilling - The updated geological model incorporates approximately 275,000 meters of drilling since 2021, enhancing confidence in the resource model and mine plan [5][20]. - The extensive drilling and improved geological understanding have led to a more reliable resource model [5][20]. Production and Cost Summary - The Life of Mine plan includes a mix of open-pit and underground mining, with average production projected at approximately 6.2 million ounces from 2026 through 2036 [23][24]. - Total operating costs over the Life of Mine are estimated at $1,067.5 million, with cash costs decreasing over time [24][27]. Mining Methods and Development - A combination of cut-and-fill and longhole stope mining methods will be employed, with a gradual shift towards longhole mining [27]. - Open-pit mining is expected to continue until 2036, with mining rates averaging 45,000 tonnes per day until 2030 [27].

Core Insights - Silver One Resources Inc. is initiating detailed drone-borne magnetometry and ground-penetrating radar surveys at its 100%-owned Phoenix Silver Project in Arizona, focusing on the 417 area and the historic Mexican Mine [1][2]. Survey Details - The magnetometry survey aims to identify linear features such as structures, veins, and dikes that may be associated with silver mineralization, particularly in the 417 area where high-grade silver fragments were previously discovered [3][2]. - Ground-penetrating radar (GPR) will be utilized to detect metallic masses, map subsurface structures, and identify historic mine workings, which will assist in guiding exploration efforts [4][5]. Previous Drilling Results - Drilling in 2024 at the 417 area intersected vein structures with significant results, including intersections of up to 3,800 g/t silver and 0.97% copper over 0.35 m, although massive native silver mineralization was not encountered [2][6]. Future Work - If the upcoming surveys yield positive results, the company plans to conduct a gravity survey to further refine drilling targets and may extend geophysical work to the Nuggets North area, where large silver fragments have been collected [6][7]. Additional Exploration - Induced polarization and magnetotellurics surveys targeting porphyry copper in the southern part of the property are ongoing, with results expected in early 2026 [7].

Advancing one of the largest undeveloped primary silver assets in the U.S.  in a rising silver and critical minerals market. VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Apollo... Read More ...

VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to provide an update on ongoing community engagement activities at its Cinco de Mayo Project (“Cinco de Mayo” or the “Project”) in Chihuahua, Mexico. Over several months, the Company held productive discussions with elected representatives of the Ejido Benito Juárez (the “Ejido”), Municipio de Buenaventura, and other leaders and community groups i ...

Core Viewpoint - Taranis Resources Inc. is actively working to expand the Thor epithermal deposit beyond the current Mineral Resource boundaries [1] Group 1 - The company is providing an update on its exploration activities at the Thor Silver Deposit [1] - Taranis Resources Inc. is focused on growth opportunities in the Thor project [1]