Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Even though silver seems down for 2021 so far, the outlook going forward is strong. Long term growth in demand is predicted to rise as high as 11% in coming years.
While closures can throw local economies for a loop, companies can use the down time to improve and upgrade equipment. The reopening of the Avino mine near Durango Mexico is expected to boost the economy and improve yields of silver as the improvements are implemented and production ramps back up. Recommended Read Avino Silver […]
As silver demand increases globally, many operations are restarting. Some were effected by COVID-19 and others by a host of issues. Americas Gold and Silver is reopening operations in Mexico at its Cosala operation. Output is expected to reach 2.5 million ounces of silver once the mine is back in full operation. Recommended Read Americas Gold […]
Silver futures are looking up due to the long-term outlook for industrial silver demand. Companies such as Alexco are even updating reserve levels to take advantage of the opportunities. Recommended Read Alexco Resource Corp. Announces 22% Increase to Silver Reserves Alexco Resource Corp. Announces 22% Increase to Silver Reserves - Silver futures are looking up due […]
