{"id":30491,"date":"2024-08-27T11:13:23","date_gmt":"2024-08-27T21:13:23","guid":{"rendered":"https:\/\/srsroccoreport.com\/public\/?p=30491"},"modified":"2024-08-27T11:20:03","modified_gmt":"2024-08-27T21:20:03","slug":"surging-silver-mining-cost-now-impacting-market-price","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/surging-silver-mining-cost-now-impacting-market-price\/","title":{"rendered":"Surging Silver Mining Cost Now Impacting Market Price"},"content":{"rendered":"<p><span style=\"color: #800000;\"><strong>The cost to produce silver by the leading primary mining companies hit a new record high in Q2 2024.<\/strong><\/span>\u00a0 Even the second largest silver producer in the world, Copper Miner, KGHM Polska Miedz, reported a dismal 6% profit margin.<\/p>\n<p>Without the nearly $600 million in silver revenues, a by-product of copper mining, KGHM Polska Miedz would have suffered a loss.\u00a0<span style=\"color: #800000;\"><strong> So, the idea that the Base Metal mining industry is giving its by-product silver away for free or at a low price DIED many years ago.<\/strong><\/span><\/p>\n<p><span style=\"color: #ff0000;\"><strong>IMPORTANT NOTE:<\/strong><\/span> I will be posting more public YouTube videos, which you can also find on my <a href=\"https:\/\/www.youtube.com\/@SRSroccoReport\"><strong>SRSroccoReport YouTube channel<\/strong><\/a>.<\/p>\n<p><iframe loading=\"lazy\" title=\"Surging Silver Mining Costs Impact Price\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/SWBQ9ymxYDE?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<script>(function() {\n\twindow.mc4wp = window.mc4wp || {\n\t\tlisteners: [],\n\t\tforms: {\n\t\t\ton: function(evt, cb) {\n\t\t\t\twindow.mc4wp.listeners.push(\n\t\t\t\t\t{\n\t\t\t\t\t\tevent   : evt,\n\t\t\t\t\t\tcallback: cb\n\t\t\t\t\t}\n\t\t\t\t);\n\t\t\t}\n\t\t}\n\t}\n})();\n<\/script><!-- Mailchimp for WordPress v4.12.1 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><form id=\"mc4wp-form-1\" class=\"mc4wp-form mc4wp-form-5 mc4wp-form-theme mc4wp-form-theme-red\" method=\"post\" data-id=\"5\" data-name=\"Posts &amp; Updates\" ><div class=\"mc4wp-form-fields\"><div class=\"mcform\">\r\n  <div class=\"mcform-text\">\r\n    Enter your email address to receive updates each time we publish new content.\r\n  <\/div>\r\n  <div class=\"mcform-email-address\">\r\n  \t<input type=\"email\" id=\"mcform-input-email\" name=\"EMAIL\" placeholder=\"Your email here\" required \/>\r\n  <\/div>\r\n  <div>\r\n\t<input type=\"submit\" id=\"mcform-button\" value=\"Sign Up Now!\" \/>\r\n  <\/div>\r\n<\/div><\/div><label style=\"display: none !important;\">Leave this field empty if you're human: <input type=\"text\" name=\"_mc4wp_honeypot\" value=\"\" tabindex=\"-1\" autocomplete=\"off\" \/><\/label><input type=\"hidden\" name=\"_mc4wp_timestamp\" value=\"1776239329\" \/><input type=\"hidden\" name=\"_mc4wp_form_id\" value=\"5\" \/><input type=\"hidden\" name=\"_mc4wp_form_element_id\" value=\"mc4wp-form-1\" \/><div class=\"mc4wp-response\"><\/div><\/form><!-- \/ Mailchimp for WordPress Plugin -->\n<p><strong><em>DISCLAIMER:<\/em><\/strong> <span style=\"font-size: .9rem;\"><em>SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed\u00a0 decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.<\/em><\/span><\/p>\n<p>Check back for new articles and updates at the <a href=\"https:\/\/srsroccoreport.com\/\" rel=\"noopener noreferrer\"><em><strong>SRSrocco Report<\/strong><\/em><\/a>.\u00a0 You can also follow us on Twitter and Youtube below:<\/p>\n<ul class=\"srsr-social-ul\">\n<li id=\"srsr-minilogo-li\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/srsroccoreport-mini-logo-100x35-1.png\" \/><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/twitter\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-twitter-165x35-1.png\" \/><\/a><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/youtube\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-youtube-165x35-1.png\" \/><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The cost to produce silver by the leading primary mining companies hit a new record high in Q2 2024.\u00a0 Even the second largest silver producer in the world, Copper Miner, KGHM Polska Miedz, reported a dismal 6% profit margin. Without the nearly $600 million in silver revenues, a by-product of&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/surging-silver-mining-cost-now-impacting-market-price\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":30493,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,68,7],"tags":[2],"class_list":["post-30491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-mining","category-precious-metals","tag-public"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/30491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/comments?post=30491"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/30491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/30493"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=30491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=30491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=30491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}