Peru Silver

World’s Second Largest Silver Producer Lost 20 Million oz Mine Supply Due To Shutdowns

Due to shutdowns stemming from the global contagion, Peru’s silver production collapsed 20 million ounces versus the same period last year.  Mining companies have restarted operations, and the country expects to be at full production by the end of July.  We will see. However, it may turn out that Peru’s…

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CHART OF THE WEEK: Mexico & Peru Silver Production Big Declines Again In May

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…

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