Global Silver Mine Production Drops in 2016 for First Time in 14 Years

Global Silver Mine Production Drops in 2016 for First Time in 14 Years

0 0 2 years ago
(New York City – May 11, 2017) Global silver mine production in 2016 recorded its first decline since 2002, largely the result of lower by-product output from the lead/zinc and gold sectors. Coupled with less silver scrap supply to the market, which posted its lowest level since 1996, as well as a contraction in producer hedging, total silver supply decreased by 32.6 million ounces (Moz) in 2016. Moreover, new highs were recorded for silver’s use in the photovoltaic and ethylene oxide sectors, ... See More

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