Silver Bull Resources Inc.(TSX:SVB) CEO, Tim Barry speaks with Investing News Network on the Company’s Sierra Mojada project in Mexico and explained zinc’s higher long-term average price on the exchange.
Silver Bull Resources Inc.(TSX:SVB) CEO, Tim Barry speaks with Investing News Network on the Company’s Sierra Mojada project in Mexico and explained zinc’s higher long-term average price on the exchange, as he says, “Zinc is the only metal on the exchange that has a higher long-term average than the current spot price. The reason for this is there is a number of mines due to go off very shortly, and there aren’t enough permitted deposits coming online to replace this lost production.”
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MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1874.36 | +6.18 | |
| Silver | 22.32 | +0.05 | |
| Copper | 4.03 | 0.00 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 76.26 | +2.15 | |
| Heating Oil | 2.86 | +0.09 | |
| Natural Gas | 2.51 | +0.06 | |
