Core Insights - The Global X - Silver Miners ETF (SIL) and the VanEck Gold Miners ETF (GDX) provide targeted access to mining companies, differing in metal focus and portfolio construction [2][9] - SIL is silver-centric with a higher recent return and drawdown, while GDX is gold-focused, lower cost, and more diversified [1][4] Cost & Size Comparison - SIL has an expense ratio of 0.65% and AUM of $6.2 billion, while GDX has a lower expense ratio of 0.51% and AUM of $30.5 billion [3][4] - The one-year return for SIL is 167.2% compared to GDX's 136.8%, with SIL offering a higher dividend yield of 1.0% versus GDX's 0.6% [3][4] Performance & Risk Metrics - Over five years, SIL has a max drawdown of 55.63% while GDX has a max drawdown of 46.52% [5] - Growth of $1,000 over five years is $2,169 for SIL and $2,765 for GDX, indicating GDX's superior performance [5] Portfolio Composition - GDX tracks 55 companies in the gold mining industry, with top holdings including Agnico Eagle Mines Ltd (9.25%), Newmont Corp (8.88%), and Barrick Mining Corp (6.79%) [6] - SIL focuses on the silver mining sector with 39 holdings, heavily weighted towards Wheaton Precious Metals Corp (21.80%), indicating a more concentrated portfolio [7][12] Investment Implications - Both ETFs provide diversification and have a high correlation to the prices of their respective metals, with GDX having more holdings and a lower expense ratio [9][13] - SIL offers a higher dividend yield, and recent performance indicates that silver has outperformed gold [13][11]

Greens Creek, in southeast Alaska, is one of the world’s largest and lowest-cost primary silver mines. (Image courtesy of Hecla Mining.Hecla Mining Company (NYSE: HL), the largest silver producer in the US and Canada, plans to almost double its investments from last year on exploration and pre-development activities.In a press release issued on Friday, the Idaho-based miner said it will spend $55 million on its projects in Nevada and producing assets including Greens Creek (Alaska), Keno Hill (Yukon Territo ...

Core Viewpoint - First Andes Silver Ltd. has successfully closed a private placement financing, raising approximately C$2 million through the issuance of common shares at C$0.12 each [1]. Financing Details - The company issued a total of 16,708,331 common shares, resulting in aggregate gross proceeds of C$2,004,999.72 [1]. - The common shares are not subject to a hold period in Canada due to the listed issuer financing exemption [2]. - A finder's fee of C$120,790 was paid, and 1,001,583 share purchase warrants were issued, each exercisable at C$0.12 for two years [3]. Use of Proceeds - The net proceeds from the offering will be allocated to: 1. An augmented Q2 2026 drilling program at the Santas Gloria Property 2. Exploration work at the Santas Gloria Property 3. Annual mineral claim payments in Peru 4. General working capital purposes [4]. Company Overview - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located 55 km east of Lima, Peru, which has significant exploration potential [6]. - The property features over 12 km of multiphase veins that had not been drilled or explored using modern techniques prior to 2024, with strong near-surface silver intercepts reported in 21 of 26 drill holes [6].

Quick Read COMEX has 102M oz of silver available to settle 366M oz of March delivery contracts. Billionaire trader holds 450 metric ton silver naked short position against SHFE’s 318.54 metric ton total inventory. Silver enters its sixth consecutive year of production shortfalls versus demand. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. The bullish run on silver that started in 2025 reached as ...

The SPDR Gold Shares (NYSEMKT:GLD) and the Global X Silver Miners ETF (NYSEMKT:SIL) differ most notably in their risk levels, cost structures, and underlying exposures — SIL targets silver mining stocks, while GLD tracks physical gold, making each suited to different investor risk appetites and objectives. GLD and SIL both enable investors to tap into the precious metals segment, but with distinct approaches. SIL invests in a portfolio of silver mining companies, offering equity exposure to the silver va ...

Aftermath Silver CEO Ralph Rushton joined Steve Darling from Proactive to announce the commencement of a Pre-Feasibility Study (PFS) for the company’s Berenguela silver-copper-manganese project in southern Peru, marking a significant milestone as the company advances the asset toward a potential production decision. Rushton told Proactive that the move to initiate a PFS follows the successful completion of a C$20 million equity financing and an extensive 82-hole infill drilling program carried out in 2025. ...

On the operations side, the latest update shows why bearish positioning can get crowded and then turn painful. In Q4 2025, First Majestic produced a record 4.2 million silver ounces, up 77% YoY, including 1.5 million ounces attributable to Los Gatos.AG stock also looks priced more for growth than for value. Its forward P/E is 68.72x versus the sector’s 19.17x, which means the market is paying a big premium for expected earnings growth.First Majestic Silver is a primary silver producer with operating mines i ...

Vizsla Silver (NYSE:VZLA) has reported that several employees abducted from its project site in western Mexico on January 23 have been found dead. "We are devastated by this outcome and the tragic loss of life. Our deepest condolences are with our colleagues' families, friends and co-workers, and the entire community of Concordia. Our focus remains on the safe recovery of those who remain missing and on supporting all affected families and our people during this incredibly difficult time," President and CE ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Key Takeaways HL stock has surged 62% in three months, beating the industry and S&P 500 despite trailing peer gains.Hecla Mining boosted 2025 silver output 5%, led by Greens Creek, Lucky Friday and production at Keno Hill.HL generated strong Q3 cash flow, cut net leverage to 0.3x and agreed to sell Casa Berardi for $593M.Hecla Mining Company’s (HL) shares have surged 62% in the past three months, underperforming the industry and outperforming the S&P 500, which have returned 65.7% and 2.2%, respectively. In ...