More silver consolidation to come says Krebs скачать в хорошем качестве

More silver consolidation to come says Krebs

More silver consolidation could be in the future as companies scramble to get access to primary silver assets in as the metal price rises, Mitchell Krebs, President & CEO of Coeur Mining (NYSE:CDE) told Kitco Mining. Coeur’s US$1.7 billion bid for SilverCrest Metals (TSE:SIL) and its high-grade Las Chispas mine in Sonora, Mexico comes hot on the heels of First Majestic Silver’s (NYSE:AG) $970 million bid for Gatos Silver (NYSE:GATO) and its Los Gatos mine in Chihuahua. “Across the metals complex in silver, it's a very, very small universe. There are not a lot of primary silver assets out there, like Las Chispas,” said Krebs. __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us Twitter -   / kitcomining   Instagram -   / kitcomining   LinkedIn -   / kitco-mining   Facebook -   / kitcomining   Connect with the Kitco Mining anchors Michael McCrae -   / michaelmccrae   Paul Harris -   / paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.