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Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

Is it sustainable to mine silver in this current price environment?

Posted on 11 July 2013

Given the steep slide in commodity prices in the second quarter of 2013, there have been rumblings that in this current price environment, silver producers will struggle to keep up healthy, if any, profit margins.
There’s some debate about the cost of silver production. Some analysts peg the total cash cost to produce an ounce of silver at around $20 an ounce. That’s just above the current price of about $19………………………………………..Full Article: Source


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VRS - who has written 42208 posts on Opalesque Commodities Briefing.


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