Silver X Acquires High-Grade Pampas Gold-Silver Project, Expanding Precious Metals Portfolio in Peru - citybiz

Silver X grabbing more Peruvian ground tells the same story we've been tracking since 2020. Miners are scrambling for quality deposits as above-ground silver inventories keep shrinking. Peru produces about 130 million ounces annually, but most of that flows straight to industrial demand. What matters for stackers is this confirms the supply crunch narrative. When juniors are paying premium prices for exploration plays, it signals they see higher prices ahead. The gold-silver ratio at 64:1 makes silver the better play here. These acquisitions take years to produce metal, but they validate what physical stackers already know. Supply is getting tighter while industrial demand from solar and EV sectors keeps climbing.