Rio Silver has strategically acquired the María Norte project in Peru, positioning itself for production amidst favorable silver market conditions.

Information on the Target

Rio Silver, a Canadian mining company, concluded the year 2025 by reaffirming its strategic growth focus in Peru, setting the stage for decisive developments in 2026. In its year-end letter to shareholders, the company emphasized the urgency to advance projects capable of entering production, particularly in well-established mining jurisdictions like Peru, given the global silver price surge.

The macroeconomic environment supports this direction, as Rio Silver highlighted a structural deficit in the global silver market for the fifth consecutive year. This deficit is driven by increasing industrial demand linked to solar energy, electrification, and technological infrastructure, enhancing the strategic value of high-grade projects, particularly those located in Peru.

Industry Overview in Peru

Peru holds a prominent position in the global mining sector, characterized by a rich history of silver production. The country is recognized for its considerable mineral resources, and its regulatory framework fos