Silver has a unique history and an incredible number of uses in art, medicine and technology. Silver mining began 5,000 to 6,000 years ago in Anatolia. Silver served as a currency as early as about 700 BC. Later, silver was also mined in Greece, Spain, Germany and Eastern Europe. From about 1,500 to 1,800, production of the white metal was in the hands of Peru, Mexico and Bolivia. Today, most silver is produced in Australia, Canada, the USA, Japan, Chile, Russia and Africa. A good 800 million troy ounces of silver see the light of day every year. In 2022, this figure is expected to reach 840 million ounces.

Silver is not only used in cell phones, computers, semiconductors and automobiles, but also in water purification systems or solar radiation tiles on spacecraft. The strongest alloy in the world consists of silver and aluminum. In health care, the strong antibacterial effect of silver is appreciated. And after gold, silver is the most malleable and ductile element. To invest in silver, there are many options, such as coins, bars or the values of silver companies. Looking at recent years, silver prices averaged $25.14 in 2021, $20.52 in 2020, and $16.21 in 2019.

Silver is increasingly being processed in industry. Last year had seen a record high in silver demand. 508.2 million ounces of silver were gobbled up by industry, including solar, consumer electronics or investments in 5G infrastructure. Those looking to bet on silver consumption continuing to rise can do so with shares of Tier One Silver or MAG Silver.

Tier One Silver – https://www.youtube.com/watch?v=9xL1ovr2544 – owns silver, gold and base metal projects in Peru, with Curibaya being the main project.

MAG Silver – https://www.youtube.com/watch?v=amWboMpypqk&t=319s – operates the Juanicipio project in Mexico with Fresnillo. Production is expected to ramp up in the fourth quarter of 2022.

Latest corporate information and press releases from Tier One Silver (- https://www.resource-capital.ch/de/unternehmen/tier-one-silver-inc/ -) and MAG Silver (- https://www.resource-capital.ch/de/unternehmen/mag-silver-corp/ -).

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