Invest in Commodities through Silver-Mining Companies
Another alternative commodities investment route is to go through companies that mine silver. Although some of the larger mining companies have silver-mining operations, you can get more direct exposure to the silver markets by investing in companies that specialize in mining this precious metal. These companies may not be household names, but they’re a potentially good investment nevertheless. This list details a couple companies that focus exclusively on mining silver:
Pan American Silver Corporation (NASDAQ: PAAS): Pan American Silver, based in Vancouver, has extensive operations in the Americas. It operates six mines in some of the most prominent locations in the world, including Bolivia, Mexico, and Peru. If you’re interested in a well-managed company to get exposure to Latin American silver mines, you won’t go wrong with Pan American Silver.
Silver Wheaton Corp. (NYSE: SLW): Silver Wheaton is one of the only mining companies that generates all its revenues from silver-mining activity. Whereas other mining companies may have smaller interests in other metals, Silver Wheaton focuses exclusively on developing and mining silver. It has operations in geographically diverse areas that stretch from Mexico to Sweden.
If you’re looking for a geographically diverse company to give you direct access to silver-mining activities, Silver Wheaton is your best bet.