No energy transition without copper and silver

Like gold, silver is considered a currency hedge and inflation metal. Silver is booming. Demand from the solar, jewelry, and automotive industries exceeded supply in 2024. 2025 is also expected to end with a deficit. Further price increases would therefore come as no surprise. As the silver market is relatively small, there are frequent price fluctuations or sideways phases. Analysts have predicted a price between US$45 and US$60 per ounce for 2025. The enormous upward price trend in recent weeks shows what is possible with silver. For chart technicians, a rise above US$53 per troy ounce would trigger a new breakout attempt. The rally high was US$54.48 per ounce of silver.

A supply deficit also appears to be emerging for copper, as new mining projects take a long time to get off the ground, while demand for copper is growing. And in recent years, few new large copper deposits have been discovered. For example, the power supply is based on copper, as power grids need copper. Electric mobility and extremely energy-hungry artificial intelligence cannot do without copper. Copper stocks on the major metal exchanges totaled a good 530,000 tons at the end of September. That was around 23 percent more than at the end of December. However, it should be noted that demand for copper is rising steadily. And so the discrepancy between supply and demand is growing.

Mogotes Metals – https://www.commodity-tv.com/ondemand/companies/profil/mogotes-metals-inc/ – owns copper and gold projects in Argentina and Chile. The Filo Sur copper project (Argentina) appears particularly promising.

Discovery Silver – https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ – owns the extremely promising Cordero project in Mexico. The reserve amounts to more than 300 million ounces of silver. The company has also recently started producing gold, with more than 50,000 ounces in the second quarter.

Current company information and press releases from Mogotes Metals (- https://www.resource-capital.ch/de/unternehmen/mogotes-metals-inc/ -) and Discovery Silver (- https://www.resource-capital.ch/de/unternehmen/discovery-silver-corp/ -).

Sources:
https://icsg.org/download/2025-10-20-monthly-press-release/?wpdmdl=8953&refresh=68f721d01da661761026512

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