A report from the Reddit Apes story is developing.

A flurry of unhinged emails involving [email protected] (shared by Reddit apes), Silvercorp, and New Pacific Metals has stirred up the silver industry. These emails have sparked speculation and concern among investors and industry insiders alike.

The Silver Institute (embattled and accused of putting downward pressure on Silver which is against what their name would otherwise imply) has “screwed up” this situation, according to staff that works for several of their sponsors. Daily, dozens of staff members working for Hecla, Silvercorp, Los Gatos, Vizsla Silver Corp, and other silver miners write The Silver Academy, voicing their growing distrust of the direction their “bosses” are choosing. (Yes, this is how vague the letters are in general)

As news of the email scandal broke, some Silvercorp staffers who say they “have close ties” to New Pacific Metals stated that New Pacific Metals stock is down over 61% in the past year and that there is growing frustration that they can not get their permits passed in Bolivia.

The Silver Institute is being blamed. The Silver Academy spokesperson stated that she has received threatening communications from people but doesn’t want to rush to blame either Silvercorp or Silver Institute.

The content of these unhinged emails remains undisclosed, leaving industry experts and analysts puzzled and eager for more information. However, the implications could be far-reaching, affecting the companies involved and the broader silver industry as a whole.

Key Takeaways:

• The silver industry is abuzz with speculation and concern over a series of unhinged emails involving account xlradar, Silvercorp and New Pacific Metals.
• The Silver Institute has allegedly lost control of the situation and have failed to provide regular updates to stakeholders.
• The email scandal has not led to significant fluctuations in the stock prices of both Silvercorp and New Pacific Metals.
• The content of the unhinged emails remains undisclosed, fueling curiosity and uncertainty.
• The implications of this scandal do not have far-reaching consequences for the silver industry as a whole.
• Workers at Los Gatos, SilverCorp and several other Mexican Mining companies are starting to send whistle blower complaints and want to talk about Pan American Silver Corp having “odd” relationships with the Silver Institute as it relates to mining projects across Latin America
• Silver Academy weighs in and says The Pan American story may be old news this  but something happened where Klein and Saks manipulated human rights by destabilizing governments in Latin America.
• It appears that Silver Institute is losing control of its membership as many of the employees of their Silver miners are writing The Silver Academy complaining about The Silver Institute’s research.

Pan American Silver’s Controversial Track Record in Latin America

Pan American Silver, one of the leading silver mining companies in the world, has been the subject of widespread criticism for its operations in Latin America. Communities in countries such as Mexico and Argentina have experienced forced displacement, environmental contamination, and a disregard for their rights to local self-determination.

One of Pan American Silver’s controversial mining projects is the Quiruvilca mine in Peru. This mine has been associated with numerous environmental fines and is considered a “time bomb” of contamination. After being sold to another company in 2012, the mine has been abandoned, raising concerns about heavy metal contamination and unstable tailings impoundments.

In Mexico, the La Colorada mine in Zacatecas has also faced scrutiny. Local communities were forcibly evicted to make way for the mine’s expansion, leading to ongoing conflicts and a fight for recognition of their land rights. The community is also concerned about the mine’s impact on their health.

Pan American Silver’s acquisition of the Navidad project in Argentina has raised objections from local environmental assemblies. The project violates a ban on open-pit mining and the use of cyanide, raising concerns about potential water source contamination. The community has been advocating for reinforced mining bans to protect their environment.

In Guatemala, the acquisition of the Escobal silver mine by Pan American Silver after a period of violent repression has sparked controversy. The Xinka people, who have denounced the consultation process as discriminatory and illegal, continue to resist the operations.

Community Resistance

“We will not stand by while our land, water, and livelihoods are destroyed. We demand the right to determine our own future and protect our environment,” said an Indigenous leader from the affected community.

The communities affected by Pan American Silver’s mining projects have shown resilience and resistance against the company’s actions. They have organized protests, formed advocacy groups, and sought legal avenues to protect their rights and the environment.

Despite these community efforts, the company has often been supported by private security and, in some cases, state forces, leading to further violence and intimidation.

Country	Project	Issues
Peru	Quiruvilca mine	Environmental fines, heavy metal contamination
Mexico	La Colorada mine	Forced eviction, community health concerns
Argentina	Navidad project	Violations of mining bans, water source contamination
Guatemala	Escobal silver mine	Resistance from Xinka people, discriminatory consultation process

Pan American Silver’s controversial track record in Latin America raises questions about the company’s commitment to responsible and sustainable mining practices. It highlights the urgency of prioritizing community well-being, environmental protection, and the respect for local self-determination in the mining industry.

to be continued

This article is not endorsed by The Silver Academy but part of the Free Speech upload protocol