Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) to Benefit from Surge in Silver Investment Demand
Silver prices rose by 29% YoY in 2020, led by an 8% increase in physical investment demand The World Silver Survey 2021 has forecast total silver demand to rise by 15% in 2021 to 1.03 billion ounces, with industrial silver consumption set to bounce back by 8% YoY The rosy demand outlook contrasts against silver’s tenuous supply profile, with annual mining production declining for a fourth consecutive year in 2020 Excellon Resources is among the leaders in the search for new silver deposits, with a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in…