Replies to post #696 on Aurcana Silver Corp (fka AUNFF)

[Pierrocks]

Thanks. Guess you are smarter than the rest of us!!

-Pier

[LGL8054]

Silver Price to Rise as Top Miner’s Production Evaporates
June 21, 2013 By The Doc 16 Comments

One of the most insidious problems taking place in the gold and silver mining industry is the decline in falling yields. Not many realize, when yields decline, production evaporates and disappears. To offset the decline in metal yields, the mining companies have to add new mines and or increase the amount of processed ore.
If we take a look at the top 6 silver producers, we can see that the average yield declined 38% since 2005, from 13.0 oz/t (ounce/tonne) to 8.1 oz/t in 2012: [Read more...]
http://www.silverdoctors.com/silver-price-to-rise-as-top-miners-production-evaporates/#more-28019