Finance News

Missing Silver Bars Bring Mining Community Together



As miners, delegates and industry insiders dispersed after the Prospectors & Developers Association of Canada convention (PDAC), news circulated on X, formerly Twitter, that two 10 ounce bars of silver were missing.

The bars were owned by Arlen Hansen, founder of Kin Communications and host of the Kinvestor Report. In a post on X, Hansen explained that he purchased the bars from First Majestic Silver (TSX:FR,NYSE:AG) during the event.

The silver, with a total estimated value of US$647, was checked inside Hansen’s bag as he boarded his Vancouver-bound Air Canada (TSX:AC,OTCQX:ACDF) flight following the conference. From there, the white metal was destined for a silent auction in support of Canadian children living with diabetes.


However, according to Hansen’s post, the silver never arrived at its final destination.

“I don’t need a refund, a free upgrade, or more points, this was stolen from the children who need it, not me,” Hansen wrote on X, adding, “A pretty simple solution @AirCanada.”

The silent auction the silver was to be used for is part of the larger Pump Couture fashion show, an event that aims to reduce the stigma around diabetes, while raising awareness about the 3.8 million Canadians living with chronic disease.

Shortly after Hansen’s post was published, the mining community began showing its support.

“Sorry to hear this, Arlen…but hopefully our donations will lead to an even greater result,” wrote Brien Lundin, editor of Gold Newsletter and host of the New Orleans Investment Conference.

Silver producer and seller First Majestic and its mint division First Mint have offered to replace the lost silver, while others have donated to Diabetes Canada and provided encouragement to Hansen.

In an email to the Investing News Network, Hansen expressed his gratitude for the outpouring of support.

“There has been a wonderful outreach from the mining community, not only sharing their condolences, but helping step up with financial support, taxable donations — and very fortunately, the silver was replaced by First Majestic Silver and then further matched by First Mint LLC. I didn’t ask them, they volunteered, and that to me is an example of how the good people in the mining community have stepped up,” he…



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