Rio Tinto Utah and other silver mining operations production declines

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Chingwha
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Rio Tinto Utah and other silver mining operations production declines

I'd just like to remind everyone that approx. 10% of U.S. silver production was lost for an estimated year or so. Production capacity should also be affected by disappearance of global junior mining companies...at a time when demand is approaching record demand.

http://www.stuartwilde.com/2013/04/silver-production-vaporizes-in-land-slide/

Edited by admin on 11/08/2014 - 06:08
Chingwha
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Things Heating Up.- Asian Demand PM's

Goldman must be scrambling to minimize potential losses. PM's ripe for rally

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Gold Shortage In Asia: Chinese Gold Exchange Rush-Ordering Supplies From Europe To Meet Heightened Demand

http://www.ibtimes.com/gold-shortage-asia-chinese-gold-exchange-rush-ordering-supplies-europe-meet-heightened-demand

Chingwha
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Silvercrest Mines

I've been accumulating SVLC since Dec. 2012. The picture looks good for them as a low cost producer of silver, and to a lesser degree, gold.

The ratio is about 1:55 (one ounce gold to fifty-five silver) Drilling results are very encouraging, especially at their flagship Santa Elena location. They are in the early phases of production and expect to double present levels by 2014.

During the most recent 1st qtr., they cleared the site in preparation for the hot Senora, Mexico summer months production and still reported respectable numbers.

Anyway, do your own research. There's plenty on SVLC out there.

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Corn Inflation?

Nice video, even if it is from 4/22. Flooding conditions will likely continue throughout the corn belt.

http://finance.yahoo.com/blogs/big-data-download/blame-weather-rising-corn-prices-164948797.html;_ylt=A2KJ2UgxyX1ROFoAly_QtDMD

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1 oz. 2013 Proof Silver Eagles "unavailible" also.....

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=10120&langId=-1&parent_category_rn=10191&top_category=10191

also

2012 United States Mint Limited Edition Silver Proof Set - Sold Out

Chingwha
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1 oz. 2013 Proof Silver Eagles "unavailible" also.....

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=10120&langId=-1&parent_category_rn=10191&top_category=10191

also

2012 United States Mint Limited Edition Silver Proof Set - Sold Out

Chingwha
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Arizona lawmakers pass bill making silver, gold legal tender

Excerpt: "The bill calls for Arizona to make gold and silver coins and bullion legal tender beginning in mid-2014, joining existing U.S. currency issued by the federal government.

If signed into law, Arizona would become the second state in the nation to establish these precious metals as legal tender. Utah approved such legislation in 2011."

http://www.reuters.com/article/2013/05/01/us-usa-arizona-gold-idUSBRE94002320130501?feedType=RSS&feedName=domesticNews

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2012 Silver Market Results

Push to make AZ gold/silver legal tender veto'ed

http://azdailysun.com/news/local/state-and-regional/109bc4ec-352f-5dc5-9375-21389b2f77c3.html

2012 World Silver Survey

http://silverinvestingnews.com/16718/silver-institute-survey-2013-2012-silver-price-second-highest-thomson-reuters-production-supply-demand-outlook.html

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Japan Works on Getting Silver for Increased Output

http://www.bloomberg.com/news/2013-05-12/dowa-boosts-silver-output-to-meet-japan-post-quake-solar-demand.html

"The Tokyo-based company plans to produce 500 metric tons of silver in the year that began April 1 from 357 tons in the previous year, said Hiromitsu Takagi, manager of the strategic planning and public relations department at Dowa Holdings. That would be the most since 2006, the company said. "

"“We could increase silver output following an increase in silver-ore imports from suppliers such Chile,” Takagi said in an interview on May 10.

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