Silver Demand to Surpass 1 Billion in 2021, Reaching 6-Year High
NEW YORK, Dec. 14, 2021 /PRNewswire/ -- The demand for silver is projected to exceed one billion for the first time in six years, with global silver demand reaching 1.29 billion ounces in 2021.
- NEW YORK, Dec. 14, 2021 /PRNewswire/ -- The demand for silver is projected to exceed one billion for the first time in six years, with global silver demand reaching 1.29 billion ounces in 2021.
- Summa Silver (TSXV:SSVR) (OTCQB:SSVRF), SilverCrest Metals Inc. (NYSE:SILV) (TSX:SIL), First Majestic Silver (NYSE:AG) (TSX:FR), Alexco Resources (NYSE:AXU) (TSX:AXU),and Mag Silver Corp (NYSE:MAG) (TSX:MAG) stand to benefit from the growing demand for silver.
- The mine is located in a historically prolific mining region, about 120 km north of Silver City.
- This growth in demand creates increasing value for companies like Summa Silver, which is involved in silver mining.