Finanzen / Bilanzen

Growing demand for silver

The Vatican has been issuing coins and medals of popes for centuries. The Vatican even minted its first square silver coin in 2021. However, the new coins possibly caused by the pope’s passing are unlikely to fuel global demand for silver. It is the transition to a greener economy, the consumer electronics sector, the photovoltaic sector in particular and electromobility that are boosting demand for silver. According to the World Silver Survey, demand for silver from industry rose by four percent last year and once again reached a new record level. There is a structural market deficit, which amounted to almost 150 million ounces in 2024. The silver deficit between 2021 and 2024 amounted to around 678 million ounces, i.e. as much as came out of the mines over the course of ten months in 2024.

One market that is also growing is the market for silver nanoparticles. It amounted to USD 2.86 billion in 2024 and is expected to grow to USD 5.84 billion by 2034, an annual increase of around 7.4%. This market is driven by the increasing demand for antimicrobial agents. This demand comes not only from the healthcare sector, but also from the electronics and textile industries. Innovations in production techniques for nanoparticles have also created new applications that are more environmentally friendly and sustainable. Silver nanotechnology is used in the cosmetics and personal care industries and also in agriculture (plant protection and improvement). In any case, silver is a precious metal in demand in many areas and investors should not forget to take a look at mining companies with silver.

MAG Silverhttps://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – owns an interest in the successful Juanicipio silver and gold producing silver mine in Mexico in the Fresnillo Trend. Yields are reliable and grades are consistently high.

Endeavour Silverhttps://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ – is a medium-sized precious metals producer and has projects in Mexico, Nevada and Chile. An estimated 4.5 to 5.2 million ounces of silver and 30,500 to 34,000 ounces of gold are to be produced in 2025. The Terronera project is nearing completion.

Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.

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