US EditionSilver Hits Record Above $90 as Precious Metals Rally ...
Silver surged over 5% to a record above US$90/oz, boosting BMC Minerals' shares by up to 10% after its recent Australian Securities Exchange listing.
- On Aug. 6, 2025, silver jumped as much as 5.3% and topped US$90 an ounce for the first time.
- Precious metals are in the midst of a blistering rally, driven by last year’s 15 per cent silver surge from a short squeeze, supply tightness, and speculation.
- The listing coincided with a surge in silver prices, with BMC Minerals adding as much as 1 per cent to $3.47 before closing at $3.29, and depositary interests up 65 per cent since December 12, lifting its market value by $354m to $903m.
- The Vancouver-based company is advancing plans to develop the Kudz Ze Kayah deposit, having acquired it from Teck Resources in 2015 and invested more than $US150m, increasing resources from 12.8 million tonnes.
- Backed by Melbourne’s Victor Smorgon Group, BMC projects Kudz Ze Kayah could yield 32 million ounces a year at $US12/oz, supported by Scott Donaldson, Gary Comb, Neil Martin, and Barclays resources fund.
21 Articles
21 Articles
The “super rally” of the metals continues and the price of gold, silver and copper achieves new historical peaks, with prospects that they will continue to rise.The gold rises at this hour 1.06% and goes through at US$ 4,634 an ounce, although it reached a peak of US$ 4,639.08 earlier. The silver, which usually follows the behavior of precious metal, records a strong increase of 2,47% and breaks the barrier of US$ 90. Thus, the silver accumulate…
Silver Above $90! Miners: Full Stop.
January 15, 2026 (Investorideas.com Newswire) Silver surges above $90 while mining stocks stall, highlighting a major market disconnect. Technical analysis explores Fibonacci targets, a potential $120 silver top, USD strength, and why miners may underperform as stock market weakness pressures the precious metals sector.
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