Americas Gold and Silver Corporation T.USA

Alternate Symbol(s): USAS

Metals & Mining Industrial Metals & Minerals

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala Operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala Operations are located in the state of Sinaloa, Mexico and consist of about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.

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Americas Gold and Silver Corporation

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Post by ecolo101on Aug 01, 2015 9:32am

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Post# 23982470

Time to position and have faith in offer demand ratio

According to the Silver Institute, silver demand for jewellery and key industrial applications picked up considerably in the first half of 2015, silver jewellery being in demand in the US in particular. Thomson Reuters GFMS, the research institute specialized in analysing precious metals, estimates that global jewellery demand will grow by 5% this year, and that industrial silver demand will pick up by 2%. The renewable energy sector among other things will play its part in this, where for example GFMS anticipates 8% higher demand from the photovoltaic industry. Silver demand in ethylene oxide production also looks set to rise sharply (+61%). Ethylene oxide is used to produce plastics, solvents and detergents. GFMS expects demand from the electronics industry, the biggest demand component, to increase only slightly year- on-year. Overall, the global silver market is set to show a physical supply deficit of 57.7 million ounces (1,788 tons) in 2015. If this estimate turns out to be accurate, the silver price should be able to gain noticeably.

Glta and make sure you dyodd

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