Curated News
By: NewsRamp Editorial Staff
July 18, 2025
New Pacific Metals Poised to Lead Global Silver Production with Bolivian Projects
TLDR
- New Pacific Metals Corp. is poised to become a top primary silver producer with its Silver Sand and Carangas projects, offering a strategic advantage in the global silver market.
- New Pacific's Silver Sand and Carangas projects are advancing through permitting, with studies showing potential for 19 million ounces of silver annually from open-pit mines.
- By developing large-scale silver projects in Bolivia, New Pacific Metals Corp. contributes to meeting global silver demand, supporting technological and renewable energy advancements.
- Discover how New Pacific Metals Corp. is transforming Bolivia's rich geology into a global silver powerhouse with projects set to produce millions of ounces annually.
Impact - Why it Matters
The development of New Pacific Metals' Silver Sand and Carangas projects in Bolivia is critical for addressing the global silver supply gap. With the potential to produce nearly 19 million ounces of silver annually, these projects not only position New Pacific as a leading silver producer but also contribute to stabilizing the silver market. This is particularly important for industries reliant on silver, such as electronics and renewable energy, where demand continues to grow. The success of these projects could also bring economic benefits to Bolivia, highlighting the global significance of New Pacific's endeavors.
Summary
New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG), a Canadian exploration and development company, is making significant strides in the global silver market with its two large-scale projects in Bolivia. The company's Silver Sand and Carangas projects are highlighted as among the best undeveloped open-pit silver assets globally. A preliminary feasibility study for the Silver Sand project suggests an annual production of 12 million ounces of silver over 13 years, while the Carangas project's preliminary economic assessment points to 6.6 million ounces annually over 16 years. Together, these projects could position New Pacific as a top primary silver producer. For more details, visit https://ibn.fm/5XArY.
New Pacific's efforts are crucial in addressing the growing supply gap in the silver market, with its projects in Bolivia offering promising returns. The company's progress in advancing these assets through permitting stages in a geologically rich country underscores its potential to significantly impact the silver supply chain. Additional information about New Pacific and its projects can be found 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 Poised to Lead Global Silver Production with Bolivian Projects
