New Pacific Metals Names Permanent CEO and CFO
New Appointments: New Pacific Metals has appointed Mr. Jalen Yuan as the permanent Chief Executive Officer and Chester Xie as the permanent Chief Financial Officer, effective immediately.
Board Membership: Mr. Jalen Yuan has also been appointed to the Company's board of directors.
Interim Roles: The appointments follow their previous roles as Interim CEO and Interim CFO, which began in April 2025.
Leadership Transition: This marks a significant leadership transition for New Pacific Metals as they solidify their executive team.
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- Surge in Silver Prices: In December, silver prices surged by 35% to $76 per ounce, yet the Global X Silver Miners ETF only rose by 11%, indicating a significant disconnect that may lead investors to miss out on potential gains.
- Investor Denial: Schiff highlighted that silver mining stocks typically offer leveraged exposure to silver prices, but their underperformance amid a strong rally reflects a skeptical market attitude towards the sustainability of silver price increases.
- Attractive Investment Opportunity: Despite a 14% correction in silver prices, Schiff suggests that silver mining stocks are now better buys, potentially attracting investors looking to capitalize on silver price fluctuations.
- Historic Gains: Silver prices have increased by 154.57% year-to-date in 2023, while leading silver mining stocks have failed to keep pace, indicating a potential undervaluation in the market that could present future investment opportunities.
- Silver Price Surge: Silver has rallied 152% year-to-date, reaching a historic high of $82 per ounce, significantly outperforming gold's 66.22% increase, indicating strong market performance and investment appeal.
- Supply-Demand Tightness: The silver market is projected to face its seventh consecutive year of deficit by 2025, with a cumulative shortfall nearing 800 million ounces since 2021, suggesting potential upward pressure on prices in the future due to soaring industrial demand.
- Market Backwardation: The silver market has experienced a phenomenon known as “backwardation,” where spot prices exceed futures prices, reflecting acute physical supply shortages globally, particularly with inventories on Shanghai exchanges at decade lows.
- Investment Opportunities: As silver prices rise, investors may consider ETFs like the iShares Silver Trust, which directly holds physical silver, with prices potentially testing $85 to $100 per ounce, offering significant investment return potential.
ETF Performance: The Sprott Silver Miners & Physical Silver ETF is underperforming, down approximately 4.9% in Thursday afternoon trading.
Weakest Components: Notable declines among ETF components include New Pacific Metals, which fell by about 3.3%, and Triple Flag Precious Metals, down by about 1.2%.
Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
- ETF Performance: The KraneShares CSI China Internet ETF is underperforming, down approximately 2% in Tuesday afternoon trading.
- Weakest Components: Notable declines among its components include Iqiyi, which fell by about 3.4%, and Tal Education Group, which decreased by around 3%.
- Market Context: The performance of the ETF is contrasted with other ETFs, indicating a broader market trend.
- Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

- Successful AGM: New Pacific Metals Corp. held its annual general meeting on November 28, 2025, with 144,270,137 common shares voted, representing 78.53% of all outstanding shares, indicating strong shareholder engagement in corporate governance.
- Director Election Results: In the director elections, Dickson Hall received 99.85% support, reflecting strong shareholder confidence in his leadership, while other candidates also garnered high approval rates, showcasing the stability of the company's governance structure.
- Auditor Reappointment: Shareholders approved the reappointment of Deloitte LLP as the company's auditors for the upcoming year, ensuring financial transparency and compliance, which enhances investor confidence.
- Commitment to Disclosure: The company pledged to publish final voting results on SEDAR+ and EDGAR, ensuring transparency and improving its credibility and attractiveness in the capital markets.

- Successful AGM: New Pacific Metals held its annual general meeting on November 28, 2025, where 144,270,137 common shares represented 78.53% of the voting rights, and all resolutions submitted were approved, indicating strong shareholder support for corporate governance.
- Director Election Results: In the director elections, Dickson Hall received 99.85% approval, demonstrating significant trust in his leadership, while Paul Simpson garnered 96.52%, reflecting shareholder confidence in his management capabilities.
- Auditor Reappointment: Shareholders also approved the reappointment of Deloitte LLP as the company's auditors for the upcoming year, ensuring financial transparency and compliance, which further enhances investor confidence.
- Commitment to Disclosure: All voting results will be disclosed via SEDAR+ and EDGAR platforms, showcasing the company's commitment to transparency and helping to build trust with the market and attract potential investors.








