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Leading silver miners such as First Majestic Silver, Coeur Mining, and Royal Gold reported record Q3 results due to a surge in silver prices. First Majestic's silver production rose 96% YoY, while Coeur Mining's silver production increased 57% YoY. Royal Gold's revenue reached a record $252.1 million, driven by higher gold, silver, and copper prices. The strong results come after silver prices hit a 13-year high of $36.05 in June and surpassed its 1980 dollar record in October.

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