Rising energy and production costs impact the silver mining industry as ore grades are near all-time lows. The top 8 silver mining companies have seen their ore grades fall by a stunning 55% since 2005. Thus, it takes a lot more energy and materials…
Rising energy and production costs impact the silver mining industry as ore grades are near all-time lows. The top 8 silver mining companies have seen their ore grades fall by a stunning 55% since 2005. Thus, it takes a lot more energy and materials…
With Mexico’s PEMEX oil company heading over the ENERGY CLIFF, it’s a terrible situation for the United States southern neighbor. Mexico reported the lowest crude oil production during October in more than 40 years. In the last 15 years, Mexico’s oil production has fallen more than 50%. This is…
According to the data released by Mexico and Peru’s governmental mining data, domestic silver production continued to be depressed in May. Interestingly, the production data just released from Mexico’s INEGI shows that the country’s silver production in May was even less than what they reported for April. I first wrote…
Now that the Peruvian Government announced an extension of the country’s state of emergency until April 26th, the world’s first and second-largest silver producers have taken 40% of global silver mine supply offline for a month. Actually, Peru first announced its national quarantine on March 15th. So, the country’s mines…
Due to Mexico’s Ministry of Health issuing an Executive Order for the immediate suspension of non-essential activities until April 30th, the mining industry in the country has now come to an abrupt halt. The mining industry was hoping for an exemption to the Executive Order, but was not granted one. …