Silver Above $60: Why the Bull Market May Be Far From Over | Lon Shaver (Silvercorp Metals)

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Sprott Money’s interview with Silvercorp Metals president Lon Shaver is broadly constructive for silver: he argues the market remains well supported above historically significant levels, while mine supply remains structurally difficult to expand. The core bullish takeaway is that new silver projects can take years to bring online, so the market cannot quickly respond to higher prices with fresh supply. Shaver also points to ongoing industrial demand as a key underpinning for the long-term silver outlook, alongside Silvercorp’s own low-cost production base and expansion/drilling plans in China, Ecuador and Kyrgyzstan. For traders, the message is that any silver pullback may still be met by tight supply dynamics, with the next catalyst likely coming from a combination of price momentum, industrial offtake, and evidence that supply growth remains constrained.