Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Production / Operations

Silver Elephant Delivers Additional High-Grade Silver Concentrate Sale in April from Its Bolivian Silver Mining Operation

Operational Continuity Confirmed

Executive Summary
  • Silver Elephant Mining Corp. announced the sale of its second silver-lead concentrate lot from the Apuradita Paca Mining Operation in Bolivia on April 30, 2026.
  • The sale included approximately 8,936 oz of silver at a price of US$74.8 per oz.
  • Underground mining operations are maintaining a monthly production target of 300 tonnes of silver-bearing mineralized material for the remainder of 2026.
  • Three distinct mineralization zones suitable for future open-pit mining have been identified within the Apuradita project.
  • Processing campaign data shows feed treated was approximately 1,845 tonnes with a grade of 248 g/t Ag and 0.8% Pb.
Material Impact
  • The news confirms ongoing revenue generation from operations following the first concentrate sale in November 2025.
  • While positive for operational validation, it is considered incremental rather than transformative given the prior milestone was rated as a "Game Changer".
  • The stock price has declined significantly since January 2026 ($0.36 to $0.17), suggesting market skepticism regarding liquidity or cash realization despite the arbitration and tax wins earlier in the year.
  • The sale validates metallurgical forecasts but does not address the recurring need for capital raises seen throughout 2025 and early 2026.
ELEF · Price
Company Overview
  • Company: Silver Elephant Mining Corp., focused on precious metals in Bolivia and Mongolia.
  • Flagship Project: Apuradita Paca Mining Operation (Bolivia).
  • Project Status: Underground mining operations active; toll-milling arrangement with a Bolivian private company.
  • Mining Method: Shrinkage stoping using two stopes (approx. 30m length, 20m height, and 4m width).
  • Target Extraction Rate: 20 to 40 tonnes per day (historical) / 50-100 ft/day (projected).
  • Average Grade: 412 g/t Ag, 1.09% Pb, and 0.38% Zn for sulphide material.
Read the original news release →

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