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Gold/Mining/Energy : Silver prices
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To: Alan Whirlwind who wrote (3149)12/17/2000 2:24:19 AM
From: goldsheet  Read Replies (1) of 8010
 
> primary mine production of silver accounts for less than 25% of total silver used

True, but the fact that most silver production is a byproduct of copper, zinc-lead, and gold production has actually contributed to the increase in silver production. The by-product miners are all operating near record levels and spewing out lots of silver. For example, I was talking to Claude about Cominco recently and it looks like they may produce over 15moz of silver versus 12moz last year.
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