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Huge By-Product Silver Mine LOSES Money in 2013

from SRS Rocco:

One of the largest by-product silver mines in the world recorded a LOSS during the second quarter of 2013. This primary gold mine located in Mexico, produced nearly 24 million ounces of by-product silver in 2012. If we compare this mine to the top primary silver mines in the world, it ranks as the third largest.

Looking at the table below, we can see that GoldCorp’s Penasquito mine which produced 23.7 million oz of silver in 2012 would rank right below Fresnillo, the second largest primary silver mine in the world.

Penasquito is a huge open-pit gold mine that has a great deal of by-product silver, zinc and lead. Even though Penasquito is a gold mine first and foremost, it still produces more silver than most of the primary silver mines in the list above.

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