Silver has pulled back from recent highs, trading around $58, but the industry’s economics remain exceptionally strong. The key reason is simple: mining costs have stayed low while silver prices remain historically elevated.
In the end, it’s the underlying economics and not short-term fluctuations in the market that are likely to determine this precious metal’s long-term direction. Firms like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) are banking on the underlying market economics of this precious metal to forge…
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