[Ed. Note: Remember Canadian Silver Maple Leaf DEMAND is at an ALL-TIME High, shattering all previous records.]
from SRS Rocco:
Canadian silver production declined significantly in the first two months of 2014 compared to last year. The huge drop off in production was due to the closure of two base metal mines and one primary silver mine in 2013.
Silver production in Canada declined from 119.5 metric tons (3.84 million oz) in January and February 2013, to 70 metric tons (2.25 million oz) in the first two months of 2014.
Here we can see that overall production declined nearly 50 metric tons or 41% y.0.y. (year over year). The fall in silver production came from the closure of Glencore Xstrata’s Brunswick and Perseverance zinc mines in Eastern Canada which produced 350,000 metric tons of zinc in 2011.
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