Vancouver B.C. July 12, 2016 – After dropping below $14 USD per ounce in January following a five-year decline, silver prices have been going from strength to strength in 2016, nudging $20.40 USD per ounce as of July 11. Whether you call it tenacity or just plain stubborn, the silver explorers and miners who have stuck it out in Mexico, the number one silver-producing country in the world, are emerging from the dark days of the downturn with renewed enthusiasm.
This market turnaround means that Mexico is buzzing with new exploration activity, resource definition, mine development and expansion, along with a number of funding announcements, mergers and acquisitions and company changes. Good news has been pouring out of Mexico in the second quarter of 2016.