Silver Boom 2026: What the Biggest Silver Miners Are Doing Now!

Mar 23, 2026

Guest

Keith Neumeyer

Guest

Keith Neumeyer, CEO of First Majestic Silver — a Mexico-focused miner known for active metal marketing. Rob Krcmarov, CEO of Hecla Mining — leading disciplined North American silver operations. Dan Dickson, CEO of Endeavour Silver — driving production ramps and large deposit development. Michael Steinmann, CEO of Pan American Silver — managing one of the largest silver producers with growth projects. They discuss record cash flows, capital allocation, security in Mexico, and whether triple-digit silver is coming.

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ADVICE

Plan Project CapEx Realistically For Large Silver Mines

Size your project capital plans conservatively but be realistic about scale.
Dan Dickson references historical Pitora estimates (~$280M for 4ktpd) and expects modern 4–6 ktpd builds to cost $500–600M; he believes Endeavour will be relatively funded by cashflows.

INSIGHT

Security Events Cause Short Disruptions But Operations Persist

Mexican security incidents cause short operational interruptions but companies maintain close government dialogue.
Dan Dickson describes a two-day shutdown after regional unrest, increased supply-chain vigilance, and ongoing engagement with municipal, state and federal authorities.

INSIGHT

CEOs Publicly Predict Triple Digit Silver This Cycle

Some CEOs expect triple-digit silver within a year but differ on range.
Dan Dickson predicts $150–$175 by end of 2026 while others (Keith, Rob) are bullish on triple digits but less definitive on exact target.

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At PDAC, We Spoke with leaders from Pan American Silver, Endeavour Silver, Hecla Mining, and First Majestic Silver about the new economics of silver mining, how companies are deploying record cash flow, and whether triple-digit silver is coming next.#silver #preciousmetals #miningRecorded at the Silver Reception at Ripley's Aquarium in Toronto on March 2nd, 2026!------------👨‍💼 Guest: Rob Krcmarov, President & CEO, Hecla Mining🌐: https://www.hecla.com/👨‍💼 Guest: Keith Neumeyer, CEO, First Majestic Silver🌐: https://www.firstmajestic.com/👨‍💼 Guest: Dan Dickson, CEO & Director, Endeavour Silver🌐: https://edrsilver.com/👨‍💼 Guest: Michael Steinmann, President & CEO, Pan American Silver🌐: https://panamericansilver.com/--------------------- 📅 Recording date: March 2nd, 2026---------------------📆 Save the Date 📆DEUTSCHE GOLDMESSE May 15 & 16, 2026, in Frankfurt, Germanywww.deutschegoldmesse.com FREE Registration for Investors! ---------------------►► Follow Us! ◄◄Twitter: http://twitter.com/soarfinancialWebsite: http://www.soarfinancial.com/📰 Up-to-Date Commodity Prices & Commentary 📰👉 Clear Commodity Network 👈🌎 https://clearcommodity.net/ 🌎---------------------00:00 Silver Hits $9000:47 Pan American Silver Strategy04:37 Mining Costs & Margins05:25 Dividends vs Growth11:03 Endeavour Silver Outlook12:14 Growth vs Value Strategy16:03 Funding New Silver Mines17:35 Security Challenges in Mexico21:09 $150–$175 Silver Prediction21:48 Hecla Mining Perspective22:29 Volatility in Silver Markets23:10 Conservative Price Assumptions26:30 Free Cash Flow Strategy28:01 New Nevada Silver Project32:34 First Majestic Silver Outlook33:33 Institutional Investors Entering Silver35:21 Physical Silver Demand Surge38:15 Mining Plans at $90 Silver44:54 Is Triple-Digit Silver Coming?**Disclaimer:**Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary.Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest).Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.