TORONTO (miningweekly.com) – US mines produced 89 100 kg of silver in January, an 11% decrease when compared with December's silver output of 99 900 kg and a 7% decrease compared with that of January 2014, the US Geological Survey has found in its latest mineral industry survey for the grey metal.
Based on unrounded data, the average daily silver output in January was 2 870 kg, down from the 3 220 kg in December and 3 190 kg for full-year 2014.
The average daily silver price for January was $17.24/oz – 6% more than that of December 2014 and 13% less than that of January 2014.