Mining





World’s Largest Silver Producing Company States Big Decline in Production

The world’s largest silver producer saw its production decline substantially in the first half of 2013.  Many assume this decline came from Fresnillo, which is known as the largest primary silver miner in the world.  However, it was recorded by KGHM Polska Miedz, the largest by-product silver producer on the planet whose annual silver production…

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LARGEST SILVER PRODUCER: Facing Losses at Current Prices

The largest silver mining company in the world just came out with their first half financial results and the figures were dismal.  Fresnillo’s first half profits declined a staggering 60% compared to the same period last year.  However, at current metal prices the largest silver producer in the world could be experiencing losses the second…

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Nevada’s Gold Production Down in a Big Way

With the most recent data out by the USGS, U.S. gold production declined substantially year over year from its number one producing state, Nevada.  According to the statistics, Nevada’s gold production declined a whopping 9% in the first three months of 2013 compared to the same period last year. Furthermore, total gold production from the…

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