In addition to the silver content in solar modules, which is causing silver consumption to rise, more silver is also being used in electric vehicles than in conventional vehicles. According to the World Bank, silver demand could increase significantly by 2050. Up to 50 percent higher silver demand than the current total is considered possible. This is because electric vehicles have significantly more electronics installed than internal combustion vehicles, and therefore also more silver. Hecla Mining, for example, estimates that an increase in silver demand from 120 million ounces today to up to 500 million ounces by 2050 is within the realm of possibility. Silver is not only available in Colombia, but also especially in the silver country Mexico, for example at MAG Silver – https://www.commodity-tv.com/play/mag-silver-further-ramping-up-at-juanicipio-and-exploration-at-deer-trail-and-larder/ – with its ambitions to become a primary silver company. The main project is the Juanicipio project in the Fresnillo Trend in Mexico, and the partner is Fresnillo. The 2022 Juanicipio mine is estimated to have produced just over nine million ounces of silver and about 22,000 ounces of gold. Discovery Silver – https://www.commodity-tv.com/play/discovery-silver-importance-of-metallurgy-results-to-upcoming-pfs-explained/ – is also located in Mexico with its Codero silver project. This is 100 percent owned by the company and it has a positive preliminary feasibility study 

Current corporate information and press releases from MAG Silver (https://www.resource-capital.ch/de/unternehmen/mag-silver-corp/ ) and Discovery Silver (https://www.resource-capital.ch/de/unternehmen/discovery-silver-corp/ ). 

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