Yesterday Palladium reached a 13-year high.
Palladium has the best fundamentals of all the precious metals.
July 18, 2014
#China, second largest #Silver producer, mainly as a by-product
World's Largest Silver Producing Countries: China
(Kitco News) - Tough to find readily available information and statistics regarding Chinese silver mine supply? You don't say.
As China slots into the second position of the world's largest producing silver countries, one would be forgiven for scratching their head and wondering where all this silver comes from when their largest producing mine accounts for 4.5 million ounces.
The answer; there's a lot of silver by-product.
In fact, China's second largest mine that produces silver is primarily a lead and zinc producing mine. Much of the country's silver comes from base metal mines and refineries.
To add to the confusion, it's not clear how much silver is refined from domestic and overseas ore due to a lack of information released by the government.
China only began releasing their mine supply information in 2000, and the sector has grown faster than any other nation since.
Subscribe to:
Posts (Atom)
