While Peru’s silver production surged in the beginning of 2016, it experienced a double-digit decline in December versus the same month last year. Peru is the second largest silver producing country in the world, trailing Mexico by approximately 40 million oz, but now leading third-ranked China by a wide margin….
Something quite interesting has taken place at the world’s largest gold miner over the past few years. While certain mining costs, like energy, have declined since the price of oil plummeted from over $100 a barrel in 2013 to an average $43 in 2016, quite the opposite has taken place…
While there have been countless articles written about the Gold-Silver Ratio, they did not include the information that will be provided in this article. Most of the information or analysis on the gold-silver ratio has been based on its “price ratio” and little else. Unfortunately, price ratios are only a…
The largest primary silver mine in the world experienced a huge decline in its production due to falling ore grades. The Cannington Mine, now run by South 32 Ltd., suffered a huge drop in its silver production during its 1H 2017 reporting time-period. Some companies, such as South 32, start…
There has been a lot of discussion on the remaining global supply of certain precious metals on the alternative media. I continue to read articles that state there are only ten years worth of silver remaining. Unfortunately, many of these figures are inaccurate. So, I thought I would provide an…
The profit margin trend at the world’s largest primary silver mining company has experienced a rapid decline over the past several years. Fresnillo PLC in Mexico, is the largest primary silver mining company in the world. Last year, Fresnillo PLC produced 47 million of silver and 762,000 oz of gold….