Close menu




August 18th, 2025 | 07:15 CEST

What Trump's summit failure now means for silver: Silver North Resources, Raytheon Technologies, Hecla Mining

  • Mining
  • Silver
  • Defense
Photo credits: pexels

Peace? Ceasefire? Wishful thinking! The meeting between US President Donald Trump and Russian President Vladimir Putin ended on Friday in Alaska without any concrete results. This confirms what many observers had expected in the run-up to the meeting: a resolution is not likely anytime soon. Instead, the course of the meeting in Alaska shows that defense will remain a major issue for many decades to come. For the silver market, this could mean a significant supply shortage.

time to read: 4 minutes | Author: Nico Popp
ISIN: SILVER NORTH RESOURCES LTD | CA8280611010 , RAYTHEON TECH. CORP. -_01 | US75513E1010 , HECLA MNG DL-_25 | US4227041062

Table of contents:


    Silver: Huge demand from the solar sector – Now, defense is following suit

    Until now, silver has been considered a precious metal with significant industrial relevance. As noted by analysts cited in a recent article from Kettner Edelmetalle, the expansion of global photovoltaic capacity to 1,000 GW by 2030 could result in the solar industry consuming up to 94% of current annual silver production. In addition to its use in solar, silver plays a vital role in various sectors and remains an important asset for investors.

    Above all, defense could create additional demand for silver. The precious metal is used in modern communication devices, night vision equipment, guidance systems, and drones. More and more silver experts believe that geopolitical tensions and the ongoing defense race will also disrupt the market structure for silver. The images from Alaska, where the US president applauded Vladimir Putin as he arrived and the two greeted each other warmly, showed that Europe and other countries in the Western world must become independent of the US. Investments in defense will not remain ambitious plans. They will become reality – with all the consequences that entails.

    Hecla Mining as a solid silver player

    At mid-year, the silver price had already climbed to USD 37 per ounce at times, representing an increase of 28% since the start of the year. Citigroup expects the silver price to reach USD 40. One of the top names in the US when it comes to investing in silver companies is Hecla Mining. Founded in 1881, the Company mines silver and the by-products lead and zinc. Hecla's core assets include the Greens Creek Mine in Alaska, considered one of the world's most productive silver mines, the Lucky Friday Mine in Idaho, and the Casa Berardi gold mine in Quebec. In 2022, the Keno Hill Mine in the Yukon was added. With projects in North America, Hecla believes it is well-positioned to create value for shareholders through continuous optimization and exploration successes. Most recently, rising margins have led to convincing quarterly figures that exceeded analysts' expectations. This also drove the share price: over a six-month period, the value rose by around 37%.

    Silver North Resources: Yukon's speedboat and partner to the big players

    Canadian silver explorer Silver North Resources remains an insider tip in the mining sector. While companies like Hecla Mining focus on silver production, Silver North is active in the exploration sector. The Company identifies and evaluates new deposits to determine their economic viability. Exploration companies then typically either advance projects into production on their own or sell them to major producers like Hecla Mining. Silver North's flagship project is Haldane, located in the Keno Hill district of Yukon. Just 25 km to the east, Hecla Mining operates its Keno Hill Mine. Silver North has carried out several drill campaigns at Haldane in recent years. In 2025, the drilling program delivered results including 1,088 g/t silver over a distance of 1.83 m and 423 g/t silver over 3.03 m. The discovery of the new Main Fault ore zone is considered particularly spectacular and, according to the Company, provides strong indications of further exploration potential at depth.

    If the potential is confirmed, the property could, among other things, become the focus of neighboring Hecla Mining, which already has workers and infrastructure in the immediate vicinity and needs to renew its silver deposits anyway. Silver North Resources' ability to do business with the big players is also demonstrated by the Tim project, which is also located in Yukon. The property is leased to producer Coer Mining. Coer Mining intends to continue exploring the project and is also investing its own capital in the Tim property. This will prevent unnecessary dilution of Silver North Resources' share base** and create value for shareholders. As Silver North has another interesting early-stage project in the region with Veronica, the young company is likely to benefit from the situation in the silver market.

    Rocket business booming at Raytheon Technologies – Silver North takes off

    Investors are increasingly focusing on the promising projects of tomorrow. Companies like Raytheon Technologies, which stands for civil aviation technology and military high-tech products, are dependent on a secure supply of raw materials such as silver. Business is currently booming – Raytheon Technologies' revenue climbed 9% in the second quarter, with the missile and defense division particularly strong. This segment is precisely where silver plays a critical role in electronic systems.


    The fact that smaller companies in the silver sector offer even greater leverage than established players like Hecla Mining is clearly demonstrated by the performance of Silver North over the past six months: it rose by a whopping 116%. Even many high-tech defense stocks, including Raytheon Technologies, have struggled to match that performance. Speculative investors should keep a close eye on Silver North shares and invest in line with their own risk profile. Following the failed summit between Trump and Putin, the outlook for silver and associated companies has improved even further.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author



    Related comments:

    Commented by Carsten Mainitz on October 21st, 2025 | 07:40 CEST

    Power Metallic Mines, RENK, BYD – An explosive combination! And the winners are?

    • Mining
    • Copper
    • Nickel
    • Gold
    • CriticalMetals
    • Electromobility
    • Defense

    Many topics are dominating the headlines. Peace in Gaza – and soon in Ukraine? This prospect initially put a significant damper on defense stocks – but only temporarily. After just a few days of correction, prices are already rising again. Gold at an all-time high is another major topic being covered in the media. Meanwhile, the geopolitical shifts we were reluctant to acknowledge for far too long are now catching up with many companies: China is cutting the world off from critical raw materials and rare earths. Read here to find out how investors can identify promising high-potential opportunities in this constellation.

    Read

    Commented by André Will-Laudien on October 21st, 2025 | 07:35 CEST

    Gold USD 4,300 and Silver USD 53 – Buying frenzy at Silver North, First Majestic, Nel ASA, and JinkoSolar

    • Mining
    • Silver
    • Gold
    • renewableenergies
    • Solar
    • Energy

    Silver has been shorted by many investment banks for several years because sufficient supply was available from Mexico and other producing countries. The tide has turned. Over the past 12 months, the precious metal has caught up with its big brother gold, gaining 54%. There are several reasons for the scarcity-driven rally: there are only around 250 active silver mines worldwide, compared to around 1,400 gold mines. In addition, silver has massively expanded its importance as an industrial metal: it is indispensable in high-tech, e-mobility, defense, and medical technology. As a result, less and less physical silver is available to investors, while inventories on the futures markets continue to decline. Now is the time to take a position in silver. Alongside industry giants such as First Majestic, Silver North is among the most promising beneficiaries of the new silver boom.

    Read

    Commented by Fabian Lorenz on October 21st, 2025 | 07:30 CEST

    Raw materials alert for defense and technology! Almonty, MP Materials, and Rheinmetall!

    • Mining
    • Tungsten
    • Defense
    • RareEarths
    • CriticalMetals

    Europe faces a growing raw materials challenge. Whether it is rare earths, tungsten, or other critical metals, these resources are essential not only for defense, but for countless industries, including AI. The FAZ recently spoke to Almonty CEO Lewis Black about this, dedicating almost an entire page to the issue. Conclusion: Europe must act. The US has long since taken decisive action, securing access for its industry by investing in raw materials companies such as MP Materials and Lithium Americas. Europe's hesitation could pose a risk for Rheinmetall, even if investors are currently overlooking it - especially as the Company is also expanding in the US. Hopefully, Defense Minister Pistorius will have this issue on his radar during his visit to Canada.

    Read