Silver

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

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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