India’s silver imports are set to rebound in time for the busiest jewelry-buying season after the government issued a raft of new permits, easing restrictions that had stifled shipments to one of the world’s biggest markets.
Silver collapsed well below $80 an ounce at the end of a week of extreme price swings, bringing a fresh bout of volatility to a market that’s been one of this year’s most turbulent trades.
Sunshine Silver Mining & Refining Co. filed for a US initial public offering, and is seeking funds to restart a mine in Idaho that previously produced silver, antimony and other minerals.
