Curated News
By: NewsRamp Editorial Staff
August 15, 2025
New Pacific Metals Eyes Bolivia's Silver Potential Amid Global Demand
TLDR
- New Pacific Metals' projects in Bolivia could position it as a top global silver producer, offering investors significant upside with potential annual output of nearly 19 million ounces.
- New Pacific Metals holds Silver Sand and Carangas in Bolivia, projects with potential to produce 19 million ounces of silver annually, backed by industry leaders Silvercorp and Pan American Silver.
- Developing Bolivia's untapped silver reserves could meet rising global demand for silver in sustainable technologies, improving economic opportunities and technological advancements worldwide.
- Bolivia's underexplored silver reserves, held by New Pacific Metals, could revolutionize the global silver market, with two projects poised to produce 19 million ounces annually.
Impact - Why it Matters
This news highlights a critical juncture for the global silver supply, as demand outstrips supply due to industrial growth. New Pacific Metals' projects in Bolivia could significantly contribute to meeting this demand, offering investors a unique opportunity in an underexplored region. The involvement of major mining companies underscores the potential for Bolivia to become a key player in the silver market, impacting both the global supply chain and investment landscapes.
Summary
Bolivia's untapped silver potential is drawing attention as global demand for silver surges, driven by industrial applications like solar panels and electric vehicles. New Pacific Metals Corp (NYSE American: NEWP) (TSX: NUAG), a Canadian exploration and development company, is at the forefront with two promising projects in Bolivia: Silver Sand and Carangas. These projects could position New Pacific among the top global primary silver producers, with a potential combined output of nearly 19 million ounces annually. The company's efforts are backed by mining giants Silvercorp and Pan American Silver, signaling strong confidence in Bolivia's silver mining future. Despite Bolivia's rich mining history, the country remains underexplored due to slow permitting processes and limited foreign investment. However, there's growing recognition of the need for reform, which could unlock significant opportunities for investors and the global silver supply chain.
For more insights into New Pacific Metals' ventures and the potential of Bolivia's silver mining sector, Read More>>. Stay updated with the latest news on NEWP at https://ibn.fm/NEWP.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, New Pacific Metals Eyes Bolivia's Silver Potential Amid Global Demand
