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Inside Americas Gold & Silver: The U.S. Antimony Edge and Silver Growth Story in Today’s Supercycle

8 snips
Oct 31, 2025
Paul Huet, CEO of Americas Gold & Silver, is transforming a struggling silver mine into a thriving producer. He reveals how modernization halved mining time and increased output. The spotlight is on America's sole antimony mine, especially after China's export ban, which turned antimony into a lucrative opportunity. With 80% of revenues from silver, Huet believes in a silver supercycle. He also discusses the strategic importance of antimony for national defense and the potential to recover high margins through advanced processing.
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INSIGHT

Huge Silver Resource And Rapid Growth Plan

  • Americas Gold & Silver controls over 150 million ounces of silver and plans to scale production from 1.2M to 5–10M oz/year.
  • Paul Huet says drilling has begun and early hits include very high grades, indicating significant organic growth potential.
ANECDOTE

Quick Shaft Fix And Fast Stope Extraction

  • Repairing the Galena shaft doubled capacity by changing motors for about $4M instead of sinking a new $600–$800M shaft.
  • Paul Huet recounts converting a 14-month jackleg stope to long-hole mining and extracting 7,000 tons in 28 days.
ADVICE

Switch To Long-Hole Mining To Scale

  • Change mining methods to long-hole stoping to boost productivity and safety on steep veins.
  • Implement batch planning and repeat the process to sustainably scale production by mid-2026.
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