From Mining Visuals
The silver market opened 2026 with historic volatility, peaking at a record $121.64/oz in January before undergoing a sharp 38% correction by the end of March. While prices shifted, the operational reports for the 2025 calendar year reveal a sector defined by massive infrastructure completions and aggressive M&A. With the 2025 audited figures now finalized, the data shows that production growth was not uniform, but concentrated in companies that successfully executed major expansion projects.