Volatile Silver Prices Put Pressure on End-Users

Platts reported that higher silver prices will squeeze buyers of silver projects.

The market news is quoted as saying:

Moody’s said that despite silver spot prices more than doubling since September 2010 and reaching a historical high of $48.70/oz April 28, 2011, then plummeting to $34/oz earlier this month, mining companies are unlikely to see upwards rating pressure.

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