Global Silver Mining Trends- A Comprehensive Analysis of World Silver Production Since 2001

Zeal020113ASubmitted by Adam Hamilton, Zeal

A MUST READ analysis of global silver mining production since 2001 over the world’s top silver producing nations.

Over the course of silver’s secular bull, the miners have steadily increased production in order to meet fast-growing demand.  And in 2012 while US production declined, global silver mine production exceeded 24k metric tons (770m+ ounces), an all-time production high and 28% increase over 2001.  As an investor interested in silver’s structural fundamentals, this rapid growth begs a question.  Where in the world is this silver coming from? [Read more...]

US Mint Sells Another 300k Silver Eagles, Extends Monthly Sales Record to 7.42 Million!

With allocated/rationed silver eagle sales beginning again on Monday 1/28, the US Mint reported another 300,000 silver eagles sold Tuesday, nearly 1.5 million since production was restarted Monday, and increased January’s all-time monthly sales record to an astonishing 7.42 million silver eagles, 53 times the volume of gold purchased from the US Mint in January! [Read more...]

TOP 5 SILVER MINERS AVERAGE YIELD PLUNGED AN ASTONISHING 34% From 2005-2011

By SRSrocco:

I have been researching the declining ore grades and silver yields in the top silver miners.  I thought the decline would be equal to the gold miners… but it turned out to be a great deal higher.

From 2005 to 2011, the average gold yield from the Top 5 Gold Producers declined 27% or roughly 3.8% per year. During the same time period, the top 5 SILVER MINERS average yield fell an astonishing 33.5%…. or 5.6% per year.  This is nearly a 50% higher annual percentage decline compared to the top gold miners! [Read more...]

CHINESE & INDIA SILVER DEMAND TO REACH ALMOST 12,000 METRIC TONNES IN 2012

By SRSrocco:

According to this GoldCore article posted on SD this morning, the Chinese silver demand will hit 7,700 metric tonnes in 2012Last year India’s silver demand was 4,000+ metric tonnes.  We can safely assume they should have about the same figure in 2012.

This means Indian and Chinese silver demand alone will account for 50% of global silver mine supply!!! [Read more...]