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Gold/Mining/Energy : Silver prices
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To: TheBusDriver who wrote (3140)12/16/2000 6:54:53 PM
From: Alan Whirlwind  Read Replies (1) of 8010
 
silverinstitute.org

The Placer Dome Chimberos project was supposed to be a two year project with substantial declines in production thereafter.

Australia does have large silver projects, but all said and done, primary mine production of silver accounts for less than 25% of total silver used.

China uses about 100 tonnes of gold per year. Coming possible deregulation in accord with negotiations with World Gold Council could lead to a tripling of that consumption. I would think silver consumption also would rocket.

biz.yahoo.com
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