Largest Primary Silver Miner’s Average Yield Declines 13% In 2012

By SD Contributor SRSrocco:

The top primary silver mining company in the world, Fresnillo LLC saw its averge silver yield decline 13% in 2012.  The large percentage of the decline came from its flagship Fresnillo mine whose average silver ore grade fell from 396 g/t in 2011 to 328 g/t in 2012.
As ore grades decline, it takes more energy to produce the same or less metal.  [Read more...]

THE FORCES THAT WILL PUSH SILVER OVER $100

*Editor note: With sentiment near all-time lows for the entire bull market, we thought it apropos to bring back SRSrocco’s viral, comprehensive FUNDAMENTAL ANALYSIS on the forces that will push silver over $100/oz. 
PLEASE CHECK YOUR EMOTIONS AT THE DOOR AND REVIEW THE FUNDAMENTALS!

By SRSrocco

There are tremendous forces at work that will push silver over $100 an ounce.
According to the  2012 World Silver Survey, total global silver investment demand has risen from only 31.6 million oz in 2002 to a staggering 282.2 million oz in 2011.  As world economic fiat based monetary system continues to deteriorate, investors are taking delivery of physical silver rather than holding on paper contracts that may not be backed by any metal whatsoever.

This has created a run on the LBMA… the largest metal exchange in the worldOnce the world ‘s liquid energy supply starts its inevitable decline from its current plateau, annual silver metal production will decline as well.  There will be no silver glut and there will be no silver available when the world’s fiat monetary system finally dries up and blows away.
Get ready.  The forces for pushing silver over $100 have just begun. [Read more...]

DECLINING GOLD & SILVER ORE GRADES FOR DUMMIES

By SRSrocco:

After receiving a great deal of emails and replies on my declining ore grade work in the top gold and silver miners, I thought I would write this post to clarify a few misunderstandings.

The industry practice of mining and processing lower grade ore from a section of the mine is a short term practice that will not impact the DECLINING OF ORE GRADES BY THE AGING OF THE MINE all that much. [Read more...]